Worldwide end users spent $1.16 trillion on information technology in 2006 and will increase IT spending at a compound annual growth rate (CAGR) of 6.3% to reach $1.48 trillion in 2010, IDC says. Worldwide software spending is expected to reach $327 bln in 2010, reflecting a five-year CAGR of 7.7%. The largest markets are discrete manufacturing, the services industries, and government. The fastest-growing markets are healthcare, communications, and government. Worldwide hardware market spending is set to recover in the 2006?2010 period, reaching $562 bln in 2010. IDC sees rising spending on volume servers, peripherals and storage, and networking equipment across regions. It is driven mainly by the robust spending from the home business and consumer, communications, and government sectors. IDC expects spending on IT services worldwide to reach $587 bln in 2010, reflecting a CAGR of 5.8% from 2005 to 2010. The largest market opportunities reside in government, banking, and discrete manufacturing.
Jan 29
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All Spending stats
- Worldwide IT spending will grow 2.6% in 2009
- Where consumers spend their money online - video games grew 60% in one year
- 65% of Americans would prefer cash to gifts for 2008 holidays
- IT spending in Bulgaria reached $944 mln in 2007
- Airline ticket sales by airline Web site
- IT spending to grow 2.6% in 2009
- Attitudes towards paying for extra airline amenities
- Consumer sentiment towards a la carte price plans by airlines
- US personal incomes up 0.2% in September 2008
- Albanian IT market reached $89.34 mln in 2007
- 60% of US consumers to reduce spending this holiday season
- 27% of IT execs cutting sales and marketing expenses
- IT services spending in UAE increased 41% in 2007 to nearly $791 mln
- 50 services companies accounted for 53.4% of the IT and business services market in Europe in 2007
- Western European IT services market will grow 4.8% in 2008-2012
- IT spending to grow 2.3% in 2009
- US IT spending to grow 5.4% in 2008
- 49% of US companies to cut IT budgets
- Private line services market to reach $40 bln in 2008
- 21% of CIOs expect their security budgets to increase
- Global IT spending to reach $3.4 trln in 2008
- Top Russian Internet advertisers: Ford, MTS, Megafon, GM, Vympelkom
- US small businesses to spend $280 bln on IT by 2012
- EAS market in the Czech Republic declined 4.5% YTY in 2007
- Worldwide remote branch spending to grow 6% to $24.2 bln by 2011
- Worldwide spending on Internet ads will total $65.2 bln in 2008
- Virtualization growth rising from 46% in 2007 to 54% in 2008
- Telecom spending to reach $923.91 bln in 2008
- Medium-sized business enterprise applications market will grow to $80.3 bln by the end of 2012
- The Brazilian IT market will grow to $24 bln
- Consumer spending to reach $234 bln by 2012
- Open source software to generate $4.83 bln by 2012
- 40% of global R&D spendingis done by the US
- 56% of North American and European enterprises consider Web 2.0 to be a priority in 2008
- Web 2.0 spending to reach $4.6 bln by 2013
- Global IT budgets to grow 3.3% in 2008, US IT budgets to grow 2.3%
- 75% of China’s online gaming market is virtual item sales
- US online ad spending to grow 23.4% in 2008
- $1.5 bln spent on telecom and IT in Pakistan in 2007
- 31% of medium US businesses use SaaS
- 33.5% of global patents filed by US companies in 2007
- Ad revenues will grow 3.6% in Europe and 3.7% in the US in 2008-2012
- $7.5 bln spent on renting DVDs in 2006
- Norwegian IT services market grew 7% in Q1-Q2 2007
- $3.8 bln worth of Windows point-of-sale terminals sold in 2007
- US direct marketing market reached $173.2 bln in 2007
- Albanian IT market reached nearly $44 mln in 2006
- 33.1% of marketers expect to increase their budgets in 2008
- 61% of Brits and 54% of Americans think the economy will get worse
- Swedish IT services market grew to 24.6 bln kronas in Q1-Q2 2007
- France SMBs spent $34 bln on IT and telecom in 2007
- SMB IT spending in ASEAN to reach $13.4 bln in 2008
- France SMB spent $34 bln on IT and telecom in 2007
- 23% of North American companies to cut IT spending in Q2 2008
- Singapore SMBs to spend $3 bln on IT in 2008
- Australian IT services market will grow to $15 bln by 2011
- 59% of Americans shop at least twice a week
- IT spending in Asia will increase to $32.77 bln by 2011
- Top ad buyers in Q1-Q3 2007
- Spending by dating sites in Q1-Q3 2007
- Ad spending by sectors in Q1-Q3 2007
- Western European IT spending to grow 4% in 2008
- IT market growth of 5% in 2008
- Where dating services spend money, Q1-Q3 2007
- Spending on direct mail to grow 40% in 2008
- SMB IT spending to grow 7% in 2008
- Consumer tech increases SMB productivity by 30-40%
- US software sales up 15% in 2007
- Asia/Pacific telecom services market was worth over $215 bln in 2007
- 81% of IT organizations pay attention to green-ness
- Only 27% of CIOs have enough people to work on the business needs
- 60.1% of marketers plan will increase marketing budgets in 2008
- 41% of Western European utilities to increase IT spending
- Middle East and North Africa ERP market up 33%
- UK SMB spending on managed security reached $42 mln in 2007
- Romanian IT market to grow by almost 11%
- 27% of Americans think the economy is good or excellent
- US telecom to spend $347.5 bln on IT in 2008
- 25% of young adults spent more on holiday shopping in 2007 than in 2006
- Radio stations to make $28.7 bln by 2016
- Gift cards market worth $14 bln, prepaid cards market worth $81 bln
- UK online sales up 269% on Christmas Day 2007
- Telecom operations support spending to reach $46 bln in 2008
- Gift card sales near $100 bln in 2007
- Only 16% of small businesses use blogs and podcasts
- US SMBs to spend $240 bln on infrastructure and applications
- Word of mouth marketing to attrach $1.35 bln in 2007
- US home-based businesses to spend $52 bln on IT and telecom
- Mexican SMBs to spend $13 bln on IT and communications in 2007
- Global IT market to grow 6% in 2008
- 2007 IT spending to reach $3.1 trillion
- IT spending to reach $730 bln in 2007
- EMEA IT operations market to grow at 8.1% a year
- EMEA IT services to grow to 225.4 bln euros by 2011
- Russian small and medium businesses to spend $5.4 bln on IT in 2007
- German SMBs to spend $7.3 bln on IT in 2007
- IT spending to exceed $2.2 trillion in 2007
- EMEA IT services market to generate 245 bln in 2011
- US business information spending to grow at 6.1% a year
- Chinese SMBs to spend $46 bln on IT by 2010
- Luxury spending up 6.6% in 2006
- Small and medium businesses in China to invest $28 bln into IT in 2007
- Home technical support to generate $1 bln by 2011
- Korean SMBs to spend $16.6 bln on IT in 2007
- Nanotechnology research and development took $12.4 bln in 2006
- Home networking services to generate $3.5 bln by 2011
- IT leasing and financing generated $70 bln in 2006
- IT industry accounts for 2% of carbon dioxide
- Asia-Pacific SMBs to spend $11.6 bln on IT in 2007
- US capex market spending on advanced trading tech to reach $1.3 bln by 2010
- CRM spending to generate $41.4 bln in 2010
- For 80% of IT decision makers business continuity is a priority for 2007
- Tech marketing budgets to grow 8% in 2007
- Japanese small and medium business IT spending reached $41 bln in 2006
- Banking industry IT spending to reach $241.2 bln in 2007
- IT spending to grow 5.4% in 2007
- Digital home health market to generate $2.1 bln by 2010
- 2006 IT spending reached $1.16 trillion
- SMBs to spend $2.44 bln on hosted software as a service and ERP/SCM in 2007
- 2007 spending on e-service and CRM to reach $565 mln in North America
- Master data management market grew 30% in 2006
- $278 bln will be spent on IT services by 2008
- Projected 2007 IT spending by industry
- Large organizations to increase IT spending by 2.8% in 2007
- Slovakian IT spending to rise 11% in 2006
- Chinese logistics IT market to grow at 15.9% a year
- Systems integration market up 4% in 2005
- IT spending to grow 5% in 2007
- 58% of Americans would be happy to receive a gift card for holidays
- $64.1 bln worth of semiconductors sold in Q3 2006
- Asia-Pacific IT spending to reach $52 bln in 2007
- Western European process manufacturers to increase IT spending by 5.9%
- Personal income up 0.5% in September 2006
- Romanian IT services market generated $200 mln in 2005
- Grocers to spend $9.8 bln on IT in 2006
- Media industry generated 1.3 trillion worldwide in 2005, 43% in North America
- US marketing spending to reach $615 bln in 2006
- IT services market to generate $628.8 bln by 2010
- Younger Americans ages 6 to 24 spend $200 bln a year
- Asia-Pacific processing services to grow at 8% a year
- Dual card graphics cards
- IT spending by US manufacturers to reach $166.6 bln in 2010
- IT marketing budgets to increase by 7.5% in 2006
- Saudi Arabia IT spending grew 6.4% in 2005
- Croatian IT services market up 32.8% in 2005
- IT spending in financial and healthcare market to exceed $2.2 trillion in 2006
- Polish IT services market up 32.5% in 2005
- EMEA IT services market to generate 229.9 bln euros in 2010
- Latin American SMBs to spend $14 bln on IT in 2009
- User spending on IT services to grow at 5.8% a year
- Indian SMBs to spend $500 mln on servers and networking in 2006
- $221.8 bln spent on luxury items in Q2 2006
- Financial services spending to generate $472.6 bln in 2006
- Value-added managed services in Asia-Pacific to grow 18.5% in 2006
- State healthcare and welfare programs to spend $7.6 bln on IT
- 40% of Americans say travel plans were impacted by high gas prices
- Asia-Pacific value-added managed services market to grow 18.5% in 2006
- Top 12 vendors accounted for 30.2% of Western European retail and wholesale IT
- IT services to generate $828.1 bln by 2010
- Czech IT services spending up 15.3% in 2005
- IT spending on electronic health records to reach $4.8 bln in 2015
- Slovakian IT services market up 22% in 2005
- IT spending by healthcare to grow at 7% a year
- Public sector IT spending in China to reach $6.5 bln in 2006
- Asia-Pacific manufacturing industry spent $15 bln on IT in 2005
- Asia-Pacific IT spending by manufacturing companies to reach $22 bln by 2010
- US and Canadian companies spend 2% of their revenues on IT
- 76% of US execs will increase IT spending
- IT spending to increase 6.9% in the next 12 months
- Business development budget of law firms grew 6.6% from 2004 to 2005
- 16% of Indian SMB channel partners classify themselves as ISVs
- Western European machine-to-machine communications market to reach $19.8 bln by 2010
- IT execs to increase spending by 2.9% in the next 12-18 months
- Asia-Pacific IT services to generate $48.37 bln by 2010
- North American IT spending to reach $40 bln by 2006
- Human resources generated $1.6 bln in 2005 in Western Europe
- IT consolidation market to grow at 6.5% a year
- Business consulting to grow at 3.9% a year
- Consumer prices up 0.4% in May 2006
- Consumer spending up 0.6% in April 2006
- 70% of Irish IT market is derived from government spending
- Western European IT services to grow at 5% a year
- 64% of Latin American governments plan to up their IT spending in 2006
- $27.4 bln of federal money spent on science and engineering research and development in 2004
- Global business support systems market up 5% in 2005
- IT spending in China to reach $142.3 bln in 2006
- Top IT services vendors earned $262 bln in 2005
- IT services to generate $760 bln by 2009
- IT spending to grow 7.5% in the next 12 months
- Small and medium business IT spending to grow 7.2% in 2006
- Government IT spending to grow 14% in Brazil
- Asia-Pacific IT spending to grow 8.7% in 2006
- Services spending to reach $663 bln in 2006
- Worldwide IT consulting market to grow at 5.2% a year
- Russian IT market reached $12 bln in 2005
- Consumer spending up 0.1% in February 2006
- 45% of US small businesses buy from Microsoft
- Global IT spending to grow by 6.3% in 2006
- IT marketing budgets to grow by 7% in 2006
- Average IT contract in Australia is $26.2 mln
- Nordic IT market up 6.6% in 2005
- 60% of IT execs see IT spending rising by 2009
- Local governments to spend $8.6 bln on wireless in 2010
- IT spending in Central and Eastern Europe to reach $40.5 bln by 2009
- 19% of IT managers said their IT purchasing budgets grew by 10% or more
- Western European Ethernet services market up 42% in 2005
- Average IT contract in Asia-Pacific is $18.9 mln
- 87% of employees know of company-preferred vendors, but only 38% consistently buy from them
- IT spending by insurance companies to reach $161 bln by 2009
- Retailers to spend $136 bln on IT by 2009
- IT services spending to grow to $759.8 bln by 2009
- Utilities to spend $115.9 bln on IT by 2009
- IT spending by banks to reach $243 bln by 2009
- IT spending by broadcasting and cable industries to reach $50.2 bln by 2009
- Western European IT spending by transport industry grew 3.2% in 2005
- IT spending by communications and media companies to grow at 5.6% a year
- IT services spending in Baltic states up 12.7% in 2005
- Global IT spending to reach $1.3 trillion by 2009
- Internet industry IT spending to grow 42% in 2005
- Global IT spending to grow 4.8% in 2006
- IT spending by US automakers to grow at 1.8% a year
- Western European businesses to increased IT spending by 3.5% in 2005
- Western European consumer packaging industry spent $13.5 bln on IT in 2005
- Western European bank IT spending on retail solutions to generate $7.6 bln in 2005
- IT spending by Western European process manufacturers to grow at 3.6% a year
- IT spending by Western European discrete manufacturing to reach $41.3 bln in 2005
- Western European government IT spending to grow at 5.3% a year
- IT spending by Western European retailers and wholesalers to grow at 4.3% a year
- Consumer price index up 3.4% in 2005
- IT spending for 2012 London Olympics to reach 7.2 bln pounds
- Indonesian small business IT spending reached $1.6 bln in 2005
- Western European small banks to increase IT spending by 4.8% a year
- European IT spending to grow 1.6% in 2006
- IT spending to grow 2.5% in 2006
- US IT spending to grow 5% in 2006
- IT financial compliance spending to take 10-15% of budgets in 2006
- By 2014 24% of global spending on luxury items to come from Chinese
- $456 bln spent on stock buybacks in 2005
- 67% of hospitals plan to invest in IT
- Western European healthcare spending on IT to reach $10 bln in 2009
- European educational institutions to spend $11.5 bln on IT in 2009
- 38% of Central and Eastern European spending on IT came from small businesses
- IT spending by US automakers to grow 1.8% by 2008
- 2006 IT budgets to grow 10-15%
- IT spending to experience fastest growth in Georgia, Texas and Florida
- Asia-Pacific IT services market to grow at 9% a year
- Chinese product support market to grow at 8.3% a year
- IT spending to grow 5.5% in 2006
- IT spending by retailers up 2.9% in 2005
- 28% of US employees see themselves as one setback away from financial disaster