Forrester: IT Spending To Rebound In 2010

Cambridge, MA — January 14, 2010 — After a dismal performance in 2009, the technology sector will see a recovery in 2010 as businesses and governments in the U.S. and around the world begin spending again on information technology, according to a new report by Forrester Research.

After declining 8.2 percent in 2009, U.S. IT spending will grow 6.6 percent in 2010 to $568 billion, Forrester predicted in its report, "U.S. And Global IT Market Outlook: Q4 2009." Global IT spending, which dropped 8.9 percent last year, will rise 8.1 percent in 2010 to more than $1.6 trillion, the analysts wrote.