All the latest UK technology news, reviews and analysis

Global IT spending to hit £2.2 trillion thanks to tablet sales

by Dave Neal

30 Mar 2011

Be the first to comment

  • Tweet this

Growing demand for tablet computers will help to boost enterprise IT spending by 5.6 per cent this year, taking it to a massive £2.24 trillion globally, according to analyst firm Gartner.

The firm had previously forecast IT spending growth in 2011 of 5.1 per cent.

Globally, spending on tablets is expected to increase to £18.3bn this year, up from the £6bn the analyst had previously expected.

Growth in the tablet market will continue over the next few years, the firm added, and will increase annually by around 52 per cent. However, the impact would flatten out overall, Gartner said.

"Absent the addition of media tablets, the forecast would have slightly declined in constant-dollar terms; however, with their addition, there's virtually no change in underlying forecast growth at the level of overall IT," said Richard Gordon, research vice president at Gartner.

Other elements may have an impact on spending, the analyst added, including political unrest in the Middle East and the natural disasters in Japan.

"The Middle East share of global IT spending is approximately two per cent. While the political unrest affecting many countries in the region may well dent IT spending levels, any impact would be insignificant at the global level," added Gordon.

"We are looking at two potential effects on IT markets as a result of the earthquake and tsunami in Japan: consequences of disruptions in the global electronics supply chain and impacts on IT demand."

Firms are most likely to spend on IT services, with spending in this area expected to increase from £488bn in 2010 to £513bn this year, said Gartner, while hardware and software investment will also increase.

Gartner said that while hardware spending was £232bn in 2010 it would increase to £254bn this year, while software investment will rise from £147bn in 2010 to £159bn.

Do you agree?

 

Add your comment

We won't publish your address
By submitting a comment you agree to abide by our Terms & Conditions. Your comment will be moderated before publication.

Poll

Flame virus poll

Are you confident that the UK's IT infrastructure is secure from attack in the wake of the Flame malware revelations?

35%

0%

10%

55%

Connect with V3.co.uk

Sign up to our daily or weekly newsletters

Symanteccloud

Social networking: a guide for IT managers

Social networking is almost ubiquitous. This white paper examines the benefits and risks and it looks at the different ways companies can reconcile them

Riverbed

Mitigating the risks of IT change

The importance of understanding your infrastructure

Flash Developer- actionscript, AJAX, JSON

Flash Developer- Actionscript 3.0, AJAX, JSON, computer...

Business Analyst, Risk platform, Equity Derivs, Investment Bank

Business Analyst - Risk platform - Equity Derivatives...

Java Developer - Algorithmic Trading - Global Trading Business

Java Developer - Algorithmic Trading - Global Trading...

Junior Treasury Project Manager, Tier One Investment Bank

Junior Middle Office Project Manager, Treasury, IB...

To send to more than one email address, simply separate each address with a comma.