Sunday, February 05, 2012

IT Executives Anticipate Expect Good, Not Great Year in 2012

IT Executives Anticipate Expect Good, Not Great Year in 2012

In our IT Industry Outlook 2012 report, IT companies express tempered optimism heading into the first quarter of the year, though longer-term prospects look more promising. We’re projecting a worldwide IT industry growth rate of 4.5 percent in 2012, with upside potential of 7.6 percent. The forecast for the U.S. market is slightly lower. IT industry executives are most bullish on IT services and software sales this year. “We may see modest improvement in 2012, but it likely won’t be drastically different from 2011,” said Tim Herbert, vice president, research, CompTIA. In our 2012 outlook, we also identified 12 trends to watch that will make their mark on the IT industry and the broader economy in the upcoming year.