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Saturday, 30 March 2013

Germany Information Technology Report Q2 2013

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Germany Information Technology Report Q2 2013
Mar 27th 2013, 00:00

BMI View: The German IT market is forecast to increase to EUR45.74bn in 2013, up by 4.6%, as growthpicks up from a challenging 2011. Economic uncertainty will continue to be a drag on spending in 2013, butan easing of the eurozone crisis will provide an opportunity for faster growth. However, there is downsideto this outlook from the potential for Spain''s refinancing requirements in 2013 to act as a flashpointaffecting market sentiment. Growth dynamics will differ across segments of the IT market with servicesexpected to expand more rapidly than either hardware or software as cloud computing, data analytics andmachine-to-machine applications gain traction. Although s...

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