Technology Growing Exceedingly

Posted by Frank under Business News, Tech

There are approximately 850 million computers worldwide, 71% more than in 2000, according to eTForecasts, a market research form. By 2010, eTForecasts predicts 1.4 billion computers will be up and running.

The IT profession will see more job opportunities as this industry continues to grow in massive numbers. It’s expected that by 2010, the worldwide share of wireless computers is expected to grow from 19% to 55%, which means that over 2 billion people could be online by the end of this decade.

What’s causing this growth?

Thanks to falling computer and hardware prices, employment at computer service firms is projected to grow 55% by 2012, making it the second best industry to start and grow a business. The technology sector will see an increase in output as well, growing at a pace of 9.0% per year. Solutions for networking hardware, software, and communications technologies will make major gains in growth output. There’s even more good news for the computer service business. As this industry grows, so does computer security, as “hackers” and viruses are anticipated to increase over the next decade.

From homes to small businesses to multinational corporations, information technology has quickly become the lifeblood of the 21st century. With more software developed each day, the technology sector expects to see output grow by 8.4% per year through 2012.

What Technology job do you perform?

Tags: Business News, computers, services, technology, wireless