ORLANDO, Fla.--Information technology spending is set for a rebound, but not much of one, Gartner said Monday.
Globally, worldwide IT spending should grow 3.3 percent from 2009 to 2010, said Peter Sondergaard, senior vice president of research, in a speech here at the Gartner Symposium. That puts it at about $3.3 trillion.
Even with Gartner's forecast, spending won't return to 2008 levels until 2012, he said. But purveyors of computing technology and services can be forgiven if they take some heart in the news given the gloomy climate.
"The IT market is exiting its worst year ever," Sondergaard said, with spending dropping a projected 5.2 percent from 2008 to 2009. More than half of IT budgets will be the same or smaller in 2010. … Read more