IT services sector bounced back in 2010

Businesses spent 3.1% more on IT services globally in 2010 than in 2009, signalling a recovery from the latest recession. Gartner recorded IT services sales worth $793bn in 2010, compared with $769bn in 2009. In 2009 there was a 5.1% decline in spending, compared with 2008, when the effects of the global recession peaked.

The top five global service providers (IBM, HP, Fujitsu, Accenture, CSC) all increased revenues. Of the five, Accenture saw the biggest increase of 6.1%, while HP had the smallest growth of 0.3%.

 

Software support sales increased the most in 2010, with a 6.6% increase on 2009 figures, while process management and hardware support grew only 1%. Government spending across the world showed the lowest increase in IT services spending, at a modest 1.6%.

 

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One Response to “IT services sector bounced back in 2010”

  1. IT Services says:

    What about 2011, are there any new opportunities we get in IT sector?

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