TechHive: Tech spending forecast to jump worldwide in 2014

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Tech spending forecast to jump worldwide in 2014 Jan 12th 2014, 19:50, by James Dartnell, Computer News Middle East Worldwide IT spending is projected to total $3.8 trillion in 2014, a 3.1 percent increase from 2013 spending of $3.7 trillion, according to the latest forecast by Gartner. In 2013, the market experienced flat growth, growing 0.4 percent year over year. Spending on devices—including PCs, ultramobiles, mobile phones, and tablets—contracted 1.2 percent in 2013, but it will grow 4.3 percent in 2014. Gartner analysts said convergence of the PC, ultramobiles—including tablets—and mobile phone segments, as well as erosion of margins, will take place as differentiation will soon be based primarily on price instead of devices' orientation to specific tasks. To read this article in full or to leave a comment, please click here Media files: awesomeblackfridaytechdeals_primary-100154522-small.jpg

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