Mobility, Analytics Drive Tech Industry Growth

Tech industry growth

Mobility, Analytics Drive Tech Industry Growth

A new survey shows tech execs expect growth in revenue over the next 24 months. Mobility, health care and data/analytics are major drivers.

Sunny Forecast

Four out of five tech industry execs expect their companies’ revenue to increase.

Leading Nation

Nine in 10 predict the U.S. will provide the most revenue growth over the next 24 months.

Market Movers

27% said mobility will be their company’s largest revenue driver over the next 24 months, followed by health care IT (22%) and data/analytics (19%).

Potential Roadblocks

More than one-half said the speed of the economic recovery presents the greatest risk to company growth, while 40% cited the impact of new regulations.

People Power

Three out of five expect their companies to increase head count within the next 12 months, with 81% saying the U.S. will have the highest employment growth over the next 24 months.

Vulnerable to Breaches

23% said their companies have suffered security breaches in the past 12 months. 

Funding for Security

Three-quarters expect their companies to spend 1% to 5% of their revenue on IT security in the next 12 months.

Funding for Research 

64% expect to increase spending on R&D within the next 12 months.

Domestic Bliss

17% said their companies plan to move manufacturing back to the United States in the next 24 months, and the same percentage plans to add to their U.S. manufacturing operations.