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In-Dustry Update: Professional Services Vertical Market Deep Dive: IT Spending
In-Stat/MDR, June 2006, Pages: 9
US Professional Services spending on IT is expected to grow more rapidly than the US business market, in general, through 2010, growing to $109 billion from $74 billion in 2005.
Professional Services IT spending is driven by many of the same factors as other businesses, including cost reduction, new product and service development, improved customer service, and making employees more efficient.
Spending in telecom service and equipment, computer hardware, and third-party service will see the strongest growth through 2010. Spending on wireless services and equipment, as well as data services, will drive telecom spending in this market.
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