Computing hardware will see a strong rebound this year as global IT spending rises 5.3%, with consumer spend on mobile PC devices a strong factor, said Gartner analysts today.
Taken as a whole, the global IT market is set to hit $3.4tn (£2.2tn) this year, with computing hardware accounting for sales of $353bn, up 5.7% year-on-year. Enterprise sales will also grow this year, but won't recover to pre-recession levels until 2014, although there is expected to be an uptick in business spend towards the end of the year thanks to the impact of Windows 7.
"Following strong fourth quarter sales, an unseasonably robust hardware supply chain in the first quarter of 2010, combined with continued improvement in the global economy, sets up 2010 for solid IT spending growth," said Gartner research vice president Richard Gordon.
"However," he continued, "it is important to note that nearly four percentage points of this growth will be the result of a projected decline in the value of the dollar relative to last year."
In enterprise terms, storage will see the biggest gains as data volumes continue to grow, however, Gartner said, in the near-term it will be concentrated on lower-end servers, as spending is curtailed by virtualisation and the cloud.
In the software world, spending will hit $232bn in 2010, up 5.1% on 2009, with the majority of enterprise markets seeing positive growth. Analysts singled out virtualisation, security, data integration and quality and business intelligence as the fastest growing segments through 2014, while web conferencing, collaboration and content management packages seeing double digit CAGR.
Networking spend is also on track to see growth of around 5% to $2tn this year, with increased market share going to mobile devices, while infrastructure spend remains solid and services decline about 3%.