Demand worldwide for IT is growing strongly in spite of economic
turbulence.
According to data from
market research institute EITO (the European Information Technology
Observatory), the world IT market is expected to grow in 2008
by 5.2% to 963.5bn euros (£777bn).
"The weakening trend in the world economy has hardly affected
turnover in the high-tech sector," said EITO chairman Bruno
Lamborghini.
Fears that the international finance crisis and increasing raw
materials prices could seriously hit IT investment have so far not
been realised, said EITO.
For 2009, EITO is expecting growth in the global IT market of
5.6%. Worldwide turnover in computers, software and IT services
could for the first time reach more than one trillion euros, it
said.
IT spending rises despite downturn >>
IT spend slashed as economy slows >>