IDC says tech spending will grow by 6 per cent this year, the same rate as 2012

Sequester, fiscal cliff and ongoing problems in Europe seen keeping growth rate flat

IDC is predicting a growth rate of 6 per cent in IT spending in the US this year, an amount that's virtually unchanged from last year.

The market research firm blamed a number of economic uncertainties for this flat spending increase, including the the fiscal cliff, the potential for a GDP contraction and the ongoing problems in Europe.

The growth rate might be "slightly higher" if not for the sequester, but the IDC doesn't say how much higher because of other uncertainties, according to Natasha Menon, an analyst in IDC's Global Technology and Industry Research Organization.

The sequester, a series of automatic spending cuts to the federal budget, is cutting federal spending this year by $85 billion.

IDC projects that total IT spending on hardware, software and services will reach $US474 billion this year.

Forrester Research is cutting its growth estimate for the year by 1% because of the sequester. What had been originally a projected 7.5 per cent increase will now be in the range of 6.5 per cent, the research firm said Friday.

IT spending is expected to be the strongest in Arizona, North Dakota, Utah and Texas, with rates at more than 7 per cent, said IDC.

The growth in those states is being driven by a high percentage of healthcare, manufacturing, and professional services businesses in those states.

Read more about it industry in Computerworld's IT Industry Topic Center.

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.

Tags governmentIT industryIDCData CenterForrester Researchhardware systemsConfiguration / maintenanceGovernment/Industries

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Patrick Thibodeau

Computerworld (US)
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?