Worldwide Enterprise IT Spending on Pace to Grow 2.9 Percent in 2010 - Gartner

Analyst firm revises growth projections downward, advises caution on prospects for 2011


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Stamford, CT — August 25, 2010 — Gartner



Kenneth Brant









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IT Spending by Industry Vertical Market, Worldwide (Millions of Dollars)

Industry

Total IT  
Spending  
2010  

Total IT  
Spending  
2009  

2009-2010  
 Growth (%)

Banking and Securities

390,488

379,855

2.8

Communications Media and Services

392,506

378,750

3.6

Education

64,148

62,607

2.5

Healthcare

88,996

86,215

3.2

Insurance

159,926

156,573

2.1

Local and Regional Government

179,664

176,747

1.7

Manufacturing and Natural Resources

426,085

415,480

2.6

National and International Government

244,410

235,086

4.0

Retail

146,239

142,420

2.7

Transportation

105,703

103,689

1.9

Utilities

125,583

119,927

4.7

Wholesale Trade

83,315

81,196

2.6

Total

2,407,063

2,338,544

2.9


Source: Gartner (August 2010)

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