IT spending to grow in 2012 despite economic woes: IDC

Software, storage, enterprise network and mobile device sales help save the day

Worldwide IT spending remains on course to grow by 6 per cent in 2012 despite the grim economic situation in Europe, thanks to strong software, storage, smartphone and tablet sales, according to IDC.

While 2012 has been a tough year for many IT vendors, they have done better overall than many expected in the first half of the year, IDC said.

For example, software spending has been robust, even in parts of the world where the economy has been weakest, as businesses hope software tools and applications will help them implement cost-reduction strategies.

The 6 percent growth compares to a 7 percent increase in worldwide IT spending last year. IDC expects 6 percent growth in 2013.

Software, storage, enterprise network and mobile device markets have offset weaker sales in servers, peripherals and PCs. However, the launch of Windows 8 during the fourth quarter should help the PC market recover next year, IDC said.

U.S. IT spending will grow by 5.9 percent in 2012, compared to 8.5 percent last year. However, the strength of the dollar during the first six months of the year means that IT spending in dollar terms will grow just 4 percent for the full year.

Growth in emerging markets is still relatively strong, but has also been negatively affected, according to IDC. In China, IT spending is now expected to grow by 14 percent, compared to 25 percent in 2011.

IT spending is also expected to grow by 14 percent in India and Brazil, according to IDC.

Unsurprisingly, Europe is the laggard with a measly 1 percent growth, despite a robust software market in Northern Europe, and healthy smartphone and tablet sales. Japan isn't doing much better with IT spending expected to grow by 2 percent "before flat-lining again in 2013," IDC said.

Send news tips and comments to mikael_ricknas@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Mikael Ricknäs

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Bitdefender 2019

This Holiday Season, protect yourself and your loved ones with the best. Buy now for Holiday Savings!

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?