SHARE
Facebook X Pinterest WhatsApp

IDC Says IT Spending is Recovering

IT spending is rebounding in the wake of the global recession, with businesses spending on everything from PCs and servers to storage devices and networking equipment, according to market research firm IDC. In numbers released May 24, IDC is estimating that worldwide IT spending will grow 3.8 percent this year, to $1.47 trillion. Hardware vendors […]

May 26, 2010
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

IT spending is rebounding in the wake of the global recession, with businesses spending on everything from PCs and servers to storage devices and networking equipment, according to market research firm IDC.

In numbers released May 24, IDC is estimating that worldwide IT spending will grow 3.8 percent this year, to $1.47 trillion.

Hardware vendors will be the biggest winners, with spending jumping 6.4 percent, followed by software at 3.1 percent and services at 1.5 percent.

READ MORE >>

Recommended for you...

Sparklight Launches Partner Solutions Program
Jordan Smith
Dec 8, 2025
ISC2 Report Shows AI Excitement, Risk Worry, and Burnout
Lightbeam Hires Former CrowdStrike Exec as New Channel Leader
XenTegra CTO Sellers on AI, Security & More 2026 Opportunities
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.