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Research firm, Gartner, predicts global IT spending will rise 2% this year to $3.7 trillion

Global IT spending to rise 2% to top $3.7 trillion this year according to Gartner

| Business, Financial & Legal News | Posted: Jul 3, 2013 9:24 am

Research firm Gartner have pushed out some predictions on the future of global IT spending, where they predict it will reach $3.7 trillion by the end of the year. This would be a 2% year-over-year increase from 2012's total of $3.6 trillion.

 

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While this is a 2% increase, it's down from the 4.1% growth that Gartner estimated just three months ago now. Gartner do have several reasons as to why the predictions are lower, with the biggest factor that the US dollar has decreased in the last couple of months. Most IT hardware manufacturers have HQ's in the US, so spending will be done with the US dollar, hence the reduction.

 

Mobile devices are also continuing to hit into PC sales, which are expected to drop 10.9% this year. Gartner predicts the other side of the race, estimating a 38.9% increase in tablet sales, and cell phone sales increasing by 9.3%.

NEWS SOURCES:Techspot.com

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