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Tech Spending to Grow in Enterprise, Consumer Market

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Analyst firm Gartner is forecasting tech spending to climb in both 2010 and 2011, with increases coming in enterprise and consumer computers, virtualization technology, and security software. Consumer mobile computers will be a top category.

Worldwide IT spending in 2010 will jump to $3.4 trillion, and could reach more than $3.5 trillion in 2011, according to Gartner. Helping to drive the upward trend are consumer mobile PCs, virtualization and security software, Gartner said.

IT spending worldwide should grow 5.3 percent in 2010 over last year, reaching $3.4 trillion, according to industry research firm Gartner.

In addition, spending will continue to increase into 2011, growing 4.2 percent on sales of more than $3.5 trillion, Gartner said in a report April 12.

The increase in 2010 will come in several areas, including hardware, with consumer mobile PC spending being the key driver. Enterprise hardware spending will grow, but will lag that in the consumer space, and won’t reach 2008 levels until 2014.

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