US IT spending is expected to reach US$588bn in 2013, up 6.6% from 2012. The market as a whole continues to grow despite macroeconomic uncertainty; however there are some areas where sales are in decline, for instance desktops and notebooks as tablet sales surge. There are areas of the market that are expected to outperform over the medium term, for instance cloud computing and big data, and towards the latter part of the forecast period real-time enterprise software and solutions. Meanwhile, as political negotiations concerning the 'fiscal cliff' continued in the wake of the November 2012 elections, public IT procurements remained constrained due to the budget constraints faced by many government entities.
Full Report Details at
- http://www.fastmr.com/prod/648413_united_states_information_technology_report_q3.aspx?afid=301
Headline Expenditure Projections
* Computer Hardware Sales: US$144bn in 2012 to US$152bn in 2013, an increase of 4.7%. Tablet sales are driving market growth, while a new generation of ultra-thin notebooks and hybrids/convertibles building on Windows 8 and Haswell chipsets should also see growth.
* Software Sales: US$161bn in 2012 to US$173bn in 2013, an increase of 7.6%. Forecast in US dollar terms unchanged, but more investment is expected in utility software and serviced-orientated architectures rather than traditionally-packaged PC software.
* IT Services Sales: US$246bn in 2012 to US$263bn in 2013, an increase of 7.2%. Cloud computing is the key growth area, but over the medium term we expect real-time enterprise and big data services will develop rapidly.
* Risk/Reward Ratings: The US's score was 79.1 out of 100.0. The US retains first place in our latest Americas RRR table, ahead of Canada, as well as Latin American giants such as Brazil and Mexico.
Key Trends & Developments
The US PC market is undergoing a period of rapid change as the sales mix shifts rapidly towards tablets. The latest data show desktop and notebook shipments declined by around 10% y-o-y to Q113 - in stark contrast to the rapid growth of tablet sales. We expect this trend to continue in the short term, however over the medium term the outlook is uncertain. Vendors are blurring device distinctions with innovation in hybrids/convertibles, as well as ultra-thin notebooks, that have the potential to insulate PC sales against continued decline by offering a blend of mobility and functionality. There is evidence that these designs have begun to gain traction with consumers, for instance in South Korea, however the extent to which they will capture the attention of consumers in the US is an unknown.
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New Market Study Published: United States Information Technology Report Q3 2013
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001