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IDC: IT market on the way down - PC Retail

IDC: IT market on the way down

Research figures predict downturn in economic climate
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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."

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