A recovering economy is keeping IT industry growth predictions for 2013 low. Compared to forecasts for the United States’ growth, though, the IT industry will have a healthier year
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The IT Industry vs. The U.S. Economy
1. A recovering economy is keeping
IT industry growth predictions
for 2013 low. Compared to
forecasts for the United States’
growth, though, the IT industry
will have a healthier year.
Bottom line: U.S. IT industry growth is expected to outpace the nation’s GDP by 38 percent in 2013.
The U.S. GDP versus IT
The U.S. Bureau of
Economic Analysis
and IMF expect the
U.S. GDP to grow
2.1% in 2013
CompTIA
predicts a 2.9%
U.S. IT industry
growth this year
Comparisons reflected in CompTIA’s
IT Industry Outlook 2013
The IT Industry
The U.S. Economy
Versus
U.S. IT Industry Revenue Forecast
For 2013, CompTIA predicts a U.S. IT
industry growth rate of 2.9%, with an
upside potential of 4.9%, and
worst-case scenario of 0.6%
Disappointing earnings at the end
of 2012, increasing cost pressures
and shrinking prices factored
into this restrained forecast.
4.9%
Optimistic
Projection2.9%
Midpoint
Projection
0.6%
Pessimistic
Projection
US IT Industry Revenue Growth Forecast by Sector
Taking a deeper look at the different IT industry
sectors, the most bullish predictions came through
for software and services. The steady decline of PC
use and withering landline
telephone business contributed
to the weaker projections
in hardware and telecom.
Hardware
Optimistic projection: 3.6%
Pessimistic projection: 0.0%
IT Services
Optimistic projection: 5.6%
Pessimistic projection: 1.2%
1.8%
Midpoint projection
Software
Optimistic projection: 5.0%
Pessimistic projection: 1.0%
3.0%
Midpoint projection
3.4%
Midpoint projection
Telecom
Optimistic projection: 4.0%
Pessimistic projection: 0.3%
2.2%
Midpoint projection
2.1%
Growth
2.9%
Growth
View additional CompTIA business research at
http://www.comptia.org/research/businessandeconomics.aspx
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