May 1, 2002
(CARLSBAD, CA) Worldwide IT spending will reach $1.2 trillion in 2002. The United States will account for $572.8 billion of the worldwide total. European countries will spend $325.6 billion, Asia/Pacific will spend $267.8 billion, and Latin American countries will spend $46.7 billion.
The following figure shows projected worldwide information technology spending for 2002. IT spending is comprised of the following:
- Consumable supplies used by IT staff and departments
- Facilities used by and overhead associated with IT operations and staff
- IT staff
- Outside services
- Software and hardware.
Figure 1: Worldwide Information Technology Spending Projections 2002 (U.S. $Billions)
|
|
Total |
Consumable |
Facilities Overhead |
|
Outside Services |
|
|
|
|
|
|
|
|
|
|
|
|
Large U.S. Organizations |
|
|
|
|
|
|
|
|
Agriculture |
$0.1199 |
$0.0036 |
$0.0071 |
$0.0340 |
$0.0100 |
$0.0142 |
$0.0510 |
|
Communications |
7.3312 |
0.2173 |
0.1448 |
1.8560 |
0.7677 |
0.7967 |
3.5488 |
|
Construction |
5.9582 |
0.1762 |
0.4698 |
2.0468 |
0.6225 |
0.7635 |
1.8793 |
|
Discrete Manufacturing |
32.5979 |
0.9675 |
1.3248 |
9.5865 |
2.0325 |
3.8872 |
14.7994 |
|
Federal Government |
65.5076 |
4.6318 |
3.6113 |
17.8646 |
7.5667 |
6.1626 |
25.6708 |
|
Financial Services |
60.4556 |
1.2137 |
3.5704 |
22.9379 |
6.8635 |
4.2831 |
21.5870 |
|
Health Services |
21.4161 |
0.4245 |
2.5472 |
5.6573 |
0.9000 |
2.7595 |
9.1275 |
|
Hotels & Lodging |
3.5041 |
0.1039 |
0.2078 |
0.9940 |
0.2937 |
0.4156 |
1.4892 |
|
Insurance |
9.8970 |
0.2995 |
0.3970 |
3.5524 |
0.9309 |
1.5410 |
3.1763 |
|
Natural Resources |
1.6122 |
0.0478 |
0.0956 |
0.4573 |
0.1351 |
0.1912 |
0.6851 |
|
Process Manufacturing |
56.6615 |
1.6825 |
3.2606 |
16.6716 |
3.0277 |
7.2385 |
24.7806 |
|
Retail Distribution |
56.6615 |
1.6825 |
3.2606 |
16.6716 |
3.0277 |
7.2385 |
24.7806 |
|
Professional/Services |
34.6542 |
1.3342 |
1.7459 |
10.1381 |
3.2281 |
4.4144 |
13.7936 |
|
State & Local Government |
11.3268 |
0.2239 |
0.6716 |
3.5567 |
0.8305 |
1.1193 |
4.9248 |
|
Transportation |
4.9835 |
0.0982 |
0.1473 |
|