According to a Forrester Research study, US tech market will grow by around 5% in 2017 and 2018.

This forecast is based on:

  1. Steady US real economic growth will support moderate growth for US business and government spending
  2. BT spending continues to outpace traditional IT spending, but the two segments of tech spending will begin to converge
  3. Cloud’s strong growth is finally showing in the top-line numbers.

Forrester’s Andrew Bartels says, “We are forecasting growth of 4.8% in 2017 and 5.2% in 2018 for US business and government spending on tech goods, services, and staff. This forecast assumes moderate US economic growth (2% to 2.5% real GDP growth, 4% to 4.5% nominal GDP growth). Considering  this economic outlook, our updated 2017 forecast is slightly less positive than our December forecast (4.8% vs. 5.1%) for US budget growth in 2017, with our new 2018 forecast pointing to a modest improvement next year”.

US Tech Market to Grow By 5% In 2017-2018, Says Forrester

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