03:44 PM

Report: Global IT Spending To Reach $1.3 Trillion By 2009

Healthcare, government, utilities, and communications and media are expected to lead the pack.

A research firm is predicting that IT spending will reach $496.7 billion in the United States and $1.3 trillion globally by 2009.

Healthcare, government, utilities and communications and media sectors are expected to pace worldwide IT spending to 2009, according to the study released this week by IDC.

In the U.S., the drive by government to privatize large installations will be a major factor in pushing IT services spending, IDC said, noting that IT spending in the government should reach $43 billion by 2009.

Citing the healthcare industry's drive to wire its entire infrastructure, one IDC analyst noted that the industry collectively is seeking to decrease medical errors like drug dosage mistakes.

"A large amount of the spending in the healthcare industry will be attributed to the purchase of volume servers and software," said Anne Songtao Lu, who is IDC's Worldwide Vertical Markets Program Manager, in a statement.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of October 9, 2016. We'll be talking with the editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll