Home › IDC cuts IT spending forecast on mobile slump, emerging market uncertainty
 

Keywords :   


IDC cuts IT spending forecast on mobile slump, emerging market uncertainty

2014-05-19 13:29:45| InfoWorld: Top News

A slowdown in the growth rate for tablet and mobile phone sales and economic uncertainty in emerging markets are putting a damper on global IT spending, according to IDC. Worldwide IT spending will increase 4.1 percent in constant currency this year, to $3.7 trillion IDC said Friday. That's down from last year's 4.5 percent growth and from IDC's prior forecast of 4.6 percent growth.

Tags: market mobile spending emerging

Category:Information Technology

Latest from this category

All news
»
05.10Eastern North Pacific Tropical Weather Outlook
05.10Atlantic Tropical Weather Outlook
05.10Weekly Recap: BASF, Beckers, Allnex, Sherwin-Williams Top This Weeks Stories
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 24
05.10Hurricane Kirk Wind Speed Probabilities Number 24
05.10Hurricane Kirk Forecast Advisory Number 24
05.10Hurricane Kirk Public Advisory Number 24
More »