IT lessors can expect a year of market recovery in 2010,
according to market intelligence technology consultancy IDC.

With the return of “modest” spending growth, IDC expects a year
of recovery and transformation for the IT and telecommunications
markets.

IDC predicts that worldwide IT spending will grow by 3.2 percent
in 2010, returning the industry to 2008 spending levels of about
$1.5 trillion (€1 trillion). In broad terms, hardware, software and
services spending will each grow in the 2-4 percent range, with
hardware experiencing the most notable gains after a particularly
difficult 2009.

Emerging markets will drive more than half of the new IT
industry growth in 2010, with IT spending up 8-13 percent in the
BRIC countries of Brazil, Russia, India and China.

“In last year’s predictions, we talked about how a slow global
economy would act like a pressure cooker on the IT market, speeding
the development and adoption of new technologies and business
models,” said Frank Gens, senior vice president and chief analyst
at IDC.

“What’s different about 2010 is that the economic recovery will
release some of the pressure on spending, enabling a number of
transformational tipping points to be reached in a year of economic
upswing.”

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