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IDC’s FutureScan projects 5% increase in IT spending

Published on .

Framingham, Mass.—IT spending in the U.S. is expected to grow by about 5% this year, according to IDC’s FutureScan.

FutureScan is a set of market metrics that measures supply and demand in the IT industry based on leading indicators and customer surveys.

Values reflect expectations of future growth, with an index value of 1,000 indicating zero growth and each additional 10 points representing roughly 1% of expected growth or contraction.

According to the January FutureScan, buyer expectations for IT spending had an index value of 1,047 (representing 4.7% expected growth), vendor revenue forecasts had a value of 1,045 (4.5% growth) and the macroeconomic indicator had a value of 1,059 (5.9% growth).

In an August report titled “Planning Your 2006 Marketing Budget,” IDC’s CMO Advisory Research service reported that global IT spending was expected to grow by 5.3% in 2005.

—Kate Maddox

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