IT spending to slow down in 2016

Worldwide IT spending is expected to post a major slowdown in 2016, as economic weakness in emerging markets and saturation of the smartphone market combine to result in a significantly slower pace of tech spending growth compared to the past six years. Having posted annual growth of 5-6% in constant currency terms since recovery from the financial crisis in 2010, the global IT market is expected to increase by just 2% this year (in constant … More →
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