Home / News / IDC: IT market on the way down
Research figures predict downturn in economic climate

IDC: IT market on the way down

The recession is beginning to take its toll on the IT market, which has previously proved itself to be resilient to wider economic strife, according to figures from IDC.

The firm predicts three per cent growth across Europe, the Middle East and Africa, which represents a 1.5-point drop from initial estimates.

"The IT market in Western Europe has moved into a phase of very sluggish growth for the foreseeable future," said Marcel Warmerdam, research director, European IT Markets at IDC. "Many IT users are already resetting priorities in view of tougher times, with many projects being postponed or cancelled."

Check Also

Health tech Special: How to get involved in PCR’s November issue

The next issue of PCR, which hits desks at the beginning of November, will include …