IT spending by Western European discrete manufacturing to reach $41.3 bln in 2005

IT spending in the Western European discrete manufacturing industry will reach $41.3 bln in 2005, with YTY growth of 1.7% over the forecast period 2005?2009. IT spending will demonstrate a CAGR of approximately 3.8%, with growth being driven by software investments. IDC also anticipates that software spending growth will be slightly higher than anticipated and reach 4.4% in 2005. IDC anticipates that total IT services spending growth will reach 1.5% in 2005.