According to the survey data, research firm Forrester predicted that the economic downturn as buyers for the excessive reaction, the global IT market will shrink nearly 10%.
According to foreign media reports, the study shows that the global IT spending this year amounted to 146.2 million U.S. dollars, compared with last year dropped by 10.6%, but analysts also said the overall market recovery is expected to usher in the end of this year, next year the marketwill grow by 4%.
Among them, the most serious decline in the hard disk market, a decline of 13%, software market is also not spared, down about 8.2%, while IT services and outsourcing business fell 8.6%.
Sub-regional perspective, the Western European IT market is the worst hit the market, a decline of 15.6%, while the U.S. market is relatively much better, down just 5.1%.
Although the overall market contraction in 2009 is not small, but Forrester analyst Andrew Bartels (Andrew Bartels) that the worst is drawing to a close, is expected by the end of this year, the market will be able to enter the gradual recovery phase.Bartels also noted that business and government reaction to the global economic downturn was overdone, because of concerns about breaking the normal financial system, and cause sudden drop in capital investment and fund-raising more difficult.
Forrester predicts that by 2010, the global IT market will increase by 8%, the U.S. will usher in the first market rebound along with Western Europe will grow about 3.4%.
This Bartels said that while in the third quarter of 2009, market demand remained weak, but then, the buyer side will gradually decline in response to the crisis and to take more active measures, and can play a role.