US

The latest survey by global research firm Forrester informed that the information and communication technology (ICT) market in the US is all set to experience a strong thrust in 2011 with a growth of eight per cent as its now recovering from the ripple effects of the global slowdown. “There is a strong momentum in business purchase of technology goods and services in the US market due to economic rebound. The US IT market is set to grow eight percent to $608 billion over 2010,” Forrester's principal analyst Andrew Bartels said, citing the survey report. Forrester raised the growth forecast from 7.4 per cent projected in the first quarter (January-March) of 2011 as the US market posted 8.9 per cent growth in 2010 against an 8.4 per cent projection. “Vendors have to prepare for better days and ensure they pick the right growth verticals after studying the key forces driving the US tech market,” Bartels asserted.

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