IT market in Poland to see double-digit growth in 2011 - August 2011

After the crisis, the IT market in Poland recorded a significant rebound last year. Gradually increasing IT demand and a bigger volume of orders from the business sector allow forecasting the market growth at more than 10% this year.

In 2010, the Polish IT market saw a recovery, which was in line with our forecasts as well as opinions expressed by representatives of the biggest IT companies: 83% of them expected the market to increase in 2010. In fact, the direction the trend would take was relatively easy to predict. What came as a positive surprise was the growth rate, which recorded 2.5 percentage points above the expectations.

According to the latest data gathered by PMR, the value of the IT market in Poland, as measured in local currency, increased by 5.8%, nearing PLN 26bn in 2010. Our forecasts from the first half of the previous year assumed the growth rate of 3.3%. In the end, the hardware market proved most predictable. The discrepancy between our 2010 predictions and the actual change in the market value was the lowest and reached approximately PLN 100m.