IT hardware sales poised for small recovery after disastrous 2009

Wednesday Dec 16th 2009 by Staff

Server and storage vendors suffered painful revenue declines throughout 2009, but the IT hardware markets are starting to show signs of life and are in position for a small rebound in 2010.

Network World: IDC predicts that spending in hardware, software and services sectors will all grow between 2% and 4% next year, but "hardware, which was pummeled in 2009, will show the slowest recovery."

Even 4% growth would only recover a fraction of the revenue lost in '09. Worldwide server revenue dropped about 17% year-over-year in the third quarter, while external disk storage system revenue posted a 10% decline. Believe it or not, that was an improvement over the second quarter, when server revenue fell 30.1% and storage revenue dropped 18.3%.

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