back to article World to spend US$2.4 TRILLION on tech in 2017

Analyst outfit IDC reckons the world will spend US$2.4 trillion (€2.25tn, £1.91tn) on technology products in 2017, with just under half of the cheques to be written by very large companies. IDC counts software, hardware and services when it tots up its spending sums and says the majority of cash is splashed by business. The …

hmmm

(sleepily pulls up calculator). OK, so that's about 324 dollars per person, worldwide. USA has a population of about 324 million, multiply the two and we get 105 billion* as the spend for the USA if we go by average spend per head. So the USA is actually under-spending on tech, per head of population, then?

(*that's anaemic 'financial billions', what the civilised world calls milliards, rather than proper 10^12 billions)

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Re: hmmm

> Financial billions, what the civilised world calls milliards

Only the french use milliards (10^9), and using billion for 10^12 is confusing and frankly dumb.

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Re: hmmm

using billion for 10^12 is confusing and frankly dumb.

Unless your surname is "Chumley-Warner"

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USD 2.4 Trillion

> About half an Iraq war

> Now looking at an Iran war

The recession is still on, right?

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USD 2.4 Trillion

So roughly 1 Trillion copies of "Annoying Insects" for Android then.

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Anonymous Coward

The world will spend US$2.4 trillion on tech...

and how much of that is actually useful and not just the latest phone/tablet/pc/tv etc?

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Re: The world will spend US$2.4 trillion on tech...

While that will always be a factor, the big point here is the prediction that software spending will form the lion's share of the total - and if so, that's due to increasing trend for pushing people towards either cloudy crap or onto subscription models for software.

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