IT Market Momentum Continues; U.S. Sales Recovery Tracking Ahead of Europe, Distribution Association Says
December 01 2009 - 9:04AM
Marketwired
Signs of IT market recovery continue to be evident in the U.S. and
Europe based on recent quarterly sales tracking of the technology
distribution industry, according to the Global Technology
Distribution Council (GTDC), the world's largest consortium of IT
distributors. Although industry conditions have improved, revenue
levels are still significantly below comparable periods last year
in both the U.S. and Europe. In Europe, the
small-and-mid-size-business market has shown stability and
improvement in recent weeks, especially in comparison to the larger
enterprise market, which GTDC members are not surprised to see as
slower in recovery and not yet improving.
GTDC member sales, which represent more than $100 billion in
annual worldwide revenue, are tracked via independent research
firms, The NPD Group's Distributor Track® in the U.S., and Context
SalesWatch in Europe. Both databases, which are available by
subscription, show third-quarter sales of 2009 improved over the
second quarter -- up 10.7% in the U.S. and 2.3% in Europe, the
first time both regional tracking services have shown sequential
quarterly improvement since the IT downturn worsened at the end of
2008. U.S. Distributor Track sales in the second quarter also
improved by approximately 4% over the first quarter in this region
-- and recently reached the $1 billion mark in a single week, which
had not been achieved in over a year.
"We can't declare that we're out of the woods yet," GTDC CEO Tim
Curran cautioned. "The tech industry will take time to crank back
up to the levels it has achieved in previous years. We're still
very encouraged by the current positive sales trends in
distribution, particularly in the SMB space, and we have every
reason to expect continued improvement on through 2010."
The GTDC sees mobile solutions, cloud computing, security,
storage, point-of-sale, wireless networking and other
communications technologies as drivers of industry recovery.
Emerging companies in the IT industry are now moving more of their
products through distribution, and industry leaders are further
diversifying their offerings to capitalize on shifting demand
trends.
"IT distributors have a front-lines perspective on market
developments," Curran pointed out. "The NPD and Context databases
that aggregate distributor sales also capture pricing information
as well as other key indicators by channel. Such insight based on
actual sales is far more reliable compared to market research
surveys and estimates."
For more information on the GTDC and IT distribution industry
research, visit http://gtdc.org/research.htm.
ABOUT THE GLOBAL TECHNOLOGY DISTRIBUTION COUNCIL
The Global Technology Distribution Council (GTDC) is a worldwide
industry association dedicated to defining and promoting the role
of wholesale distribution in a successful and healthy information
technology channel. The Council is comprised of the computer
industry's top wholesale distributors dedicated to serving "the
channel," a network of skilled value-added resellers and retail
stores focused on providing hardware, software, and services to
businesses and consumers around the globe. GTDC members include ABC
Data, AB SA (WSE: ABPL), Actebis, Arrow Electronics (NYSE: ARW),
Avnet (NYSE: AVT), Bell Micro (OTCBB: BELM), Computer Gross,
Computerlinks, DCC SerCom, D&H, Esprinet (ISE: PRT), Ingram
Micro (NYSE: IM), Intcomex, Magirus AG, Redington, ScanSource
(NASDAQ: SCSC), SiS Technologies (HKSE: 0529), Synnex (NYSE: SNX),
20:20 Mobile Group, SiS, Tech Data (NASDAQ: TECD), Westcoast LTD
and Westcon.
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GTDC MEDIA CONTACTS: Chuck Miller (727) 939-1562 Email
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