MOST SHARED
- Tiger Woods Out of Hospital After Accident
- The Good Entrepreneur Winner
- Get Paid Six Figures to Wear a T-Shirt?
- Dubai Spooks Investors But May Bring Buying Opportunity
- Global Selloff From Dubai Woes Shows Signs of Winding Down
- Longer Lines, Fuller Carts This Black Friday
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- 8 Retailers that Gain During the Holidays
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Global Selloff From Dubai Shows Signs of Winding Down
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Tiger Woods Out of Hospital After Accident
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Get Paid Six Figures to Wear a T-Shirt?
- The World's Biggest Debtor Nations
- Five Tips for Buying a Foreclosed Home
Text Size 
Writer/Producer
The technology sector will start to rebound in the fourth quarter, said Peter Sondergaard, head of research at Gartner.
(See the accompanying video for the complete interview.)
Although IT spending dropped 5.2 percent in 2009, he said, the market is expected to rise 3.3 percent to $3.3 trillion in 2010.
“This will go down as the worst year for IT, but we’re already seeing the recovery,” he said.
Although the sector's worst performer, hardware has seen a drop of nearly 17 percent this year, tech's best performers will be software and service, said Sondergaard.
“What you’re going to see is technology providers, for example, such as Salesforce.com [CRM
Loading...
()
], in the software space, EMC [EMC
Loading...
()
] with virtualization environments, and also providers in the services space such as Accenture [ACN
Loading...
()
]and really the large bellwether organizations such as HP [HPQ
Loading...
()
] and IBM [IBM
Loading...
()
] start to gradually recover at the end of the first quarter next year,” he said.
Consumer spending on PCs in China and Korea has prompted investments in PCs for home usage. And the smart phone market is also expected to lead some level of recovery next year, he said.
Meanwhile, vertical industries such as health care, utilities and the public sector are prompting economic growth as well.
“Government sort of becomes the emerging market of 2010,” he said.
More Technology News on CNBC.com:
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
Data is a real-time snapshot *Data is delayed at least 15 minutes