IT hardware sales poised for small recovery after disastrous 2009

Wednesday Dec 16th 2009 by Datamation.com Staff
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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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