The UK high-tech market is showing resilience despite the economic crisis, with IT-revenues set to grow 1.3% this...
year, according to European market research organisation EITO.
EITO said software and IT services were continuing to drive growth, although the telecom market was slowing down after a strong performance in 2008.
>> See also: The UK recession: Impact on the IT sector
EITO said overall IT sales in Western Europe were expected to increase by 2% in 2009.
Sales for computers, software and IT services in Western Europe will be worth £296bn for the year.
"IT expenditure of businesses will continue to grow even in an economic recession", said EITO chairman Bruno Lamborghini. "Information technology is of strategic importance for companies in a crisis situation because it makes operations more efficient and more economic."