Forrester Research predicts growth of IT-market
The world IT market will grow slightly faster due to software and consulting services, according Forrester Research.
According to experts' expectations, in 2017 global sales of software and hardware, as well as IT services will increase by 3.4% compared to last year. In 2018, these costs will increase by 4% and reach 3 trillion dollars.
Software and IT consulting services will show the greatest growth - by 4.3% - this year and more than 6% - next year.
Forrester Research predicts an increase in the sales of IT equipment in 2017 by 2.6% and by 3% in 2018, while the global costs for communications equipment will increase by 3.1% and 1.5%, respectively.
The growth of the volume of the IT outsourcing services segment is estimated by researchers at 2.2% in the current year. The telecommunications services sector will increase by 2.2% in 2017, but it will decrease by less than 2% in 2018. The same decline is expected in the field of IT outsourcing.
Forrester Research listed the main trends that prevail in the global IT industry. First, analysts pay attention to the improvement of the economic situation, which favorably affects the IT market. In 2017, the situation in the world economy returned to normal after the political and economic upheavals of the previous year. This relative stability will allow business and the public sector to become more active in terms of IT spending in 2018.
Experts predict an increase in expenses for cloud services at double-digit rates. However, the development of this segment hinders the sales of traditional local IT products, which is a deterrent for the entire market.
At the same time, cloud computing helps the market. Thanks to it, sales of corporate software in 2017 will jump by 10%, and the amount of revenues gained from sales of corporate software is bigger than that from sales of licenses for computer software.
Other segments, such as middleware, systems integration services and IT outsourcing, account for only a fraction of the costs associated with cloud solutions, which is not enough to compensate for the weak growth of traditional segments.
Analysts warn that risks of weak economic growth remain in many regions. Therefore, companies still need to exercise some caution in spending their IT and other budgets.
However, experts say that the situation in the IT industry will improve by the end of 2017, according to the DailyComm.
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