The study’s top predictions for the year include:
1. Growth will return to the IT industry, as spending levels increase by 3.2%.
2. Telecommunications spending will increase by 3%.
3. More than half the IT industry growth will be in emerging markets led by China, India, Brazil and Russia. Growth in mature economies will be more modest, with the US market expanding by 3%.
4. Cloud computing will expand and mature, bringing new opportunities and heated competition. In 2010, “enterprise grade” cloud services will emerge.