BMI forecasts a return to growth for the Russian computer hardware market in 2010, following a sharp contraction in PC sales in 2009. According to BMI projections, the computer hardware market is forecast to recover to US$8.1bn in 2010, up from 2009′s US$7.1bn but still short of 2008 levels.
Hardware spending will have support from a number of fundamental drivers including low PC penetration, rising incomes, government IT initiatives and industrial reform in many sectors. PC market compound annual growth rate (CAGR) for the next five years is projected to be in the region of 14%, with PC spending reaching US$11.3bn by 2014.
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