News Brief

Tech Category Sees New Life

May 31, 2002, 12:00 AM
  • Comment
  • Recommend (2)
Subscribe to Online Media Daily

Tags

Is the tech category poised for a comeback? Despite double-digit ad spending decreases so far this year, one report sees light at the end of the tunnel. Despite tremendous changes taking place on the demand and supply sides, the worldwide business consulting and IT consulting services markets will both recuperate by 2003, a U.S. market research firm predicted Tuesday. According to International Data Corporation (IDC), the two global markets will reach 54.2 billion U.S. dollars and 32.2 billion dollars respectively in 2006. The global business consulting market will increase 11% through 2006, slightly faster than the IT consulting market, which will grow at 9.8%.

Be the first to comment on "Tech Category Sees New Life"

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent Online Media Daily Articles

>> Online Media Daily Archives