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Worldwide IT spending is expected to circuit board accelerate next year after dipping to its slowest pace of growth in 2013 since the financial crisis. Overall tech spending is on course to increase by 4% this year at constant currency, reaching $2.04 trillion, down from last year's growth of 5% due mainly to the slowdown in key emerging markets circuit board, including China and Russia. In 2014, a rebound in China and continued momentum in the U.S. and Europe will see a return to overall industry growth of more than 5% (reaching $2.14 trillion). Smartphones Still Driving Growth, But Infrastructure Set for Recovery circuit board In fact, almost half of this year's industry growth is due to continued strength in smartphone and tablet shipments. Excluding mobile phones, IT spending will increase by only 2.6% this year at constant currency (just 0.7% in U.S. dollar terms, based on year-to-date exchange rates). professtional pcb prototype(pcb.hqew.net/?s=544981) Enterprise IT spending in many circuit board regions has been tepid since last year, with weaker spending on PCs, servers, and storage than previously expected. Tentative signs of stability in commercial PC shipments during the third quarter, however, may foreshadow the gradual recovery in enterprise infrastructure investment which we expect to unfold in the next 12-18 months as a broad-based capital spending cycle kicks into gear. Spending on servers, storage, and enterprise networks will increase by just 1% in 2013 before accelerating to growth of 4% next year. "This has been a tough year for many IT vendors circuit board, with infrastructure spending in the first half of 2013 proving weaker than previously expected," said Stephen Minton. "The overall industry has been propped up by continued strength in mobile devices, especially smartphones, but the slowdown in emerging markets was another headwind for circuit board infrastructure-focused tech firms on top of government sequestration in the U.S. and continued sluggish growth in Europe." U.S. Market Is Resilient, Despite Politics While the United States is on course to post IT spending growth of 5% this year, this translates into just 3% excluding mobile phones. Enterprise spending in the U.S. has been relatively resilient, given the ongoing political volatility, but spending on PCs and circuit board servers will decline this year while storage investment is flat. Both the storage and server markets in the U.S. are expected to improve in 2014, but PC spending is likely to remain weak in spite of signs of stability in the third quarter as tablet cannibalization continues at lower price points circuit board. "The U.S. market has held up pretty well, circuit board all things considered," added Minton. "The main headwind, aside from uncertainty over the next round of political dogfighting, is cannibalization as tablets continue to eat into PC sales and as the Cloud eats into traditional IT services revenues. circuit board This cannibalization trend is seen across all geographies, and will be a constraint on IT spending even while the macroeconomic environment improves."

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