IT Demand: Strong in 2013?

Downers Grove, Ill. — Feb. 18

Strong customer demand for innovative technology such as cloud computing, big data and mobility are countered by concerns about economic uncertainties, pricing pressures and substitution effects in the “IT Industry Outlook 2013” by CompTIA, the nonprofit association for the IT industry.

CompTIA’s report is based on an online survey of 518 IT industry companies conducted in late December 2012.

The consensus forecast projects a growth rate of 3 percent for the global IT industry in 2013, with upside potential of 5.2 percent. The forecast for the U.S. market is slightly lower – 2.9 percent with upside potential of 4.9 percent.

Industry growth projections dovetail with CompTIA’s quarterly IT Industry Business Confidence Index, which remains flat heading into 2013.

“The fiscal cliff turmoil certainly clouded the 2013 outlook,” said Tim Herbert, vice president, research, CompTIA. “Technology has never been more important, but persistent economic headwinds force many customer segments to remain conservative with their investments.”

The data indicates IT industry executives view the IT services segment and the software segment as holding the most promise in 2013.

“Reaching the upside of the forecast range will require macroeconomic stability, steady business confidence and healthy customers,” said Herbert. “There is good reason to believe the IT industry will hit the upside of growth projections, but there is still enough uncertainty to warrant caution.”

Source: CompTIA

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