Western European Vertical Markets to Reach Value of Just Over $406.5 Billion in 2010, Says IDC.

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M2 PRESSWIRE-23 February 2007-IDC: Western European Vertical Markets to Reach Value of Just Over $406.5 Billion in 2010, Says IDC(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:23022007 MILAN - According to a new IDC study, companies across Western European vertical markets will continue to invest in IT at a compound annual growth rate of 4.3 between 2006 and 2010, reaching a value of just over $406.5 billion in 2010.

Software is expected to be the fastest growing segment, closely followed by IT services (driven by operations and planning), while hardware is expected to register weak growth throughout the forecast period. While 2006 growth has been revised down slightly, manufacturing remains the largest revenue opportunity for IT vendors, accounting for nearly...