News


IDC's 'Top 10' predictions for the global IT industry

13 February 2002 News

Global market intelligence and advisory firm, IDC, has released its top 10 predictions for the global IT market in 2002. The group predicts that the IT market rebound will begin by mid-2002, perhaps sooner.

"Prior to 11 September we were expecting the rebound to begin in 2001," says John Gantz, IDC's Chief Research Officer, "but terrorism's impact on the global economy took a commensurate toll on the IT market."

IDC forecasts that in 2002 IT spending will increase 4-6% in the United States, 6-7% in Western Europe and 10-12% in Asia/Pacific.

"The good news," says Gantz, "is that the economic assumptions behind our IT forecast are holding up. In fact they may be conservative. If that is the case, the IT recovery could come sooner and be stronger than we currently predicted."

The other predictions are:

* China's entry into the World Trade Organization (WTO) will help ensure its 25% IT spending growth continues for years. By 2010 it will be the third largest IT market in the world.

* Businesses will feel a crunch in 2002 as users and workers with wireless and mobile Internet access create demand for enterprise support that is not yet in place.

* The 'Bin Laden Effect' as Gantz calls it, will drive enterprises to rethink their specs for business continuity - creating a need to reset IT security plans in 2002.

* With Microsoft pushing Passport to XP users and competitors reacting, digital identity services will become real (even if single-sign-on to the web remains a pipe dream).

* Streaming media will be hot as new standards come online and new services and market needs - some in reaction to 11 September - come into play.

* The concept of 'web services' will hit its hype peak in 2002 - long before any critical mass of products or services in the market is reached.

* Linux will have a 'breakout year'. Last year there were a number of ways the market could have gone. Now it seems clear that Linux has become a viable alternative for enterprise use.

* Although the market for server blades will not be a big money maker in 2002, the new architecture will disrupt the entry server and appliance server markets - yet another disturbance in a server market already undergoing multiple transitions.

* 75 million WinXP licences will ship in 2002, but XP will not have the clout that Win95 did in driving hardware sales or generating first-time users.

www.idc.com





Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Electronic News Digest
News
A brief synopsis of current global news relating to the electronic engineering fields with regards to company finances, general company news, and engineering technologies.

Read more...
4000 A containerised DB for power project
News
Power Process Systems has successfully completed the design, fabrication, and commissioning of a 4000 A containerised distribution board for a wind/PV solar hybrid renewable energy project.

Read more...
Datacentrix Industrial Indaba 2025
News
Datacentrix recently hosted its inaugural Industrial Indaba 2025, where industry leaders explored how digitalisation, resilience, security and compliance are shaping the future of sustainable industrial operations in Africa.

Read more...
RS brings solar light to 150 000 people
RS South Africa News
The company’s three-year partnership with SolarAid aims to raise £1 million through corporate donations, matched funding, product contributions, and fundraising to accelerate access to safe, sustainable energy.

Read more...
Microchip and AVIVA Links collaboration
Altron Arrow News
Microchip and AVIVA Links have achieved groundbreaking ASA-ML interoperability, accelerating the shift to open standards for automotive connectivity.

Read more...
World’s leading supplier of grid automation products
News
Hitachi Energy was recognised as the global market share leader in grid automation for electric power transmission and distribution utilities by ARC Advisory Group.

Read more...
Vivashan Muthan appointed as head of export sales and operations at RS South Africa
RS South Africa News
With a career spanning engineering, business development, and sales leadership across sub-Saharan Africa, Vivashan Muthan brings a wealth of expertise to his new role as head of export sales and operations.

Read more...
Google equips university students across Africa with free access to advanced AI tools
News
A 12-month Google AI Pro plan has been launched for students in Ghana, Kenya, Nigeria, Rwanda, South Africa, and Zimbabwe to build foundational AI skills.

Read more...
Africa’s space economy projected to be worth $22,6 billion in 2026
News
South Africa is gearing up to be at the forefront of the growth in the space industry, creating thousands of jobs, driving innovation, and boosting the national economy.

Read more...
Distribution partnership with MacDermid Alpha
Testerion News
MacDermid Alpha Electronics Solutions India Private Limited has announced that as of 01 September 2025 Testerion will be the sole importer and distributor of their products to the South African market.

Read more...









While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd | All Rights Reserved