Forrester: Tech Spending Downturn Is Over

Wednesday Jan 13th 2010 by Staff

Forrester says the tech sector will rebound this year, though IT spending may not bounce all the way back up to pre-recession levels.

PCWorld: Analysts at Forrester Research have predicted that U.S. IT spending will increase 6.6 percent this year. That's welcome news after spending dropped by 8.2 percent in 2009. Software is expected to do particularly well in terms of sales this year, but other areas, including communications equipment don't look as bright.

Hedging its bets, the research company said that it is also possible that the economy could experience a double-dip recession instead of growth this year. If that happens, tech spending would see a 3 to 4 percent decrease instead.

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