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IT spending by communications and media companies to grow at 5.6% a year
According to IDC, IT spending in communications and media industry will grow at 5.6% a year from 2005 to 2009, spending in healthcare industry - by 5.
According to IDC, IT spending in communications and media industry will grow at 5.6% a year from 2005 to 2009, spending in healthcare industry - by 5.5% a year.
| Global IT spending growth, 2005-2009 | |
| Industry | CAGR |
| Banking | 4.8% |
| Communications and Media | 5.6% |
| Construction | 4.2% |
| Consumer/Home | 3.9% |
| Discrete Manufacturing | 4.0% |
| Education | 3.7% |
| Financial Markets | 4.8% |
| Government | 5.0% |
| Healthcare | 5.5% |
| Source: IDC | |