IDC has predicted that server revenue for the current quarter will see a 39.3 per cent year-on-year decline, but that the first ‘green shoots’ will appear in the second half of 2009.
“Revenue declines will gradually soften during the next four quarters,” said IDC’s program director for European Systems and Infrastructure Solutions, Nathaniel Martinez.
“Positive revenue growth will not return to the EMEA server market until the third quarter of 2010, with revenue bottoming out in the first quarter of 2010 at $2.6 billion. IDC believes buyer interest will resume this autumn and that green shoots will be evident from the second half of 2009, albeit modest.”
The decline will be the fourth consecutive quarter to see shrinking revenue and the deepening recession in Europe has forced IDC to lower its forecast expectations.
Advertisement
Related Stories
- The Hut Group sees 70 per cent growth Feb 10th 2012 at 4:49PM
- Europe continues PC sales slide: IDC Jan 23rd 2012 at 8:18AM
- Best Buy to leave UK this month Jan 5th 2012 at 4:08PM
- GfK: Thailand flood could crash consumer sales Nov 11th 2011 at 12:44PM
- Android tops mobile OS share Oct 21st 2011 at 11:34AM
- Games boost UK retail sales Oct 21st 2011 at 10:28AM
- IDC: PC market contracted in Q3 Oct 20th 2011 at 10:59AM
- Cloud comprises 5% of IT market Oct 4th 2011 at 3:48PM
- Concerns rise over Apple server security Aug 3rd 2011 at 12:27PM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!