IT Buyer Expectations Leveling Off

IT Buyer Expectations Leveling Off

Following a sharp drop last month, IT buyer expectations for December are leveling off, an indication that they are waiting to see if bailout measures put in place by the U.S. and other governments boost the global economy, a market research firm said Thursday.


IDC's Buyer Intent metric for December was 942, which was up slightly from 936 in November. The metric reflects market demand for IT products and IT services over the next 12 months. However, IDC's Market Indicators number, which combines input from economic and IT industry revenue forecasts, was 941, down from November's 978.



"Indicators this month point to a potential decline of more than 5% in U.S. IT spending growth over the next 12 months. There is a possibility that IT spending will be more deeply affected by the financial crisis than our current forecast indicates." said IDC analyst John Gantz.