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GLOBAL INFORMATION TECHNOLOGY INDUSTRY DYNAMICS
CompTIA projects the global information technology industry will grow with a CAGR of х.х% in 2019-2022 years. The optimistic upside forecast is in the х.х% range, with a downside floor of х.х%.
Growth expectations for the U.S. market are in line with the global projection. As the largest market in the world for IT products and services, U.S. forecasts and global forecasts will always be inextricably linked.
CompTIA uses a consensus forecasting approach. This “wisdom of the crowds” model attempts to balance the opinions of large IT firms with small IT firms, as well as optimistic opinions with pessimistic opinions. The results attempt a best-fit forecast that reflects the sentiment of industry executives.
Other factors that influence revenue growth projections include currency effects, pricing, and product mix. The tech space is somewhat unique in that prices tend to fall, which may result in large numbers of units shipped, but modest revenue growth. In the year ahead, the product mix will be an especially important factor, as the high growth rates of emerging categories are expected to more than offset the slow growth mature categories.
Number of graphs and diagrams – 13
Number of tables – 2
Number of drawings – 4
Number of pages – 31
Preparation date of the market review – August 2018