CompTIA: IT Industry to Grow in 2015

All signs point to 2015 being a year for significant growth in the IT industry, according to a new survey from CompTIA. The latest study predicts the New Year promises to bring improved IT sales buoyed by growing faith in the global economy.

CompTIA’s Industry Outlook Survey 2015 revealed an estimated growth rate of 5 percent for the global IT industry in 2015, with a similar figure predicted for the United States. If the prediction is accurate, this could translate to more than $50 billion in additional revenue for the American IT industry, pushing the yearly cumulative amount over $1.1 trillion in sales, according to the study.

CompTIA expects the predicted increase to be the result of 12 major drivers in the IT industry, including the growing importance of mobile and cloud solutions as well as myriad opportunities presented by the burgeoning Internet of Things. Other factors included the continued importance of enterprise security, a predicted overhaul of the channel and the increasing need for simplicity in technology.

“The amazing pace of innovation over the past five years will enter a new phase of maturity in 2015, driving value and benefits to untapped users around the world,” said Tim Herbert, vice president of Research and Market intelligence at CompTIA, in a statement.

The survey polled 650 executives and IT professionals in December. Last year, CompTIA only predicted a 3.4 percent global increase in IT sales.

CompTIA’s IT industry Business Confidence Index is also pointing toward positive sales growth this year, with the Q1 reading registering an increase of 2.4 percent points, for a total of 64.5 points.

“The steadily improving Business Confidence Index suggests there is a feeling that we’ve finally reached an acceptable degree of stability across the economy,” said Herbert. “There is an expectation this will translate to even greater levels of investment in technology.”

But even though the future looks bright, Herbert warns against being overly optimistic, as CompTIA’s research hardly means that the future is set in stone. As we all know, nothing in the IT industry is certain.