IT spending by Western European process manufacturers to grow at 3.6% a year

IDC estimates that overall IT spending in the Western European process manufacturing industry will reach $31.8 bln in 2005, with a CAGR over the forecast period of 3.

By ZDNet Editors for IT Facts | January 27, 2006 -- 07:10 GMT (23:10 PST) | Topic: CXO

IDC estimates that overall IT spending in the Western European process manufacturing industry will reach $31.8 bln in 2005, with a CAGR over the forecast period of 3.6% to reach a market value of $36.7 bln in 2009.