Boston, MA -- (SBWIRE) -- 03/19/2013 -- BMI View: Swedish IT spending is expected to reach US$16.7bn in 2012, up 2%, with BMI upwardly revising its forecast as the market continued to generate opportunities in Q1-Q3 2012, despite the economic headwinds from the eurozone. The IT market is expected to grow, but consumer and business confidence are vulnerable to external economic developments, particularly in the eurozone. Drivers of Swedish IT spending purchases of computers for schools, a new national digital agenda and growing interest in cloud computing services. Headline Expenditure Projections Computer Hardware Sales: US$3.5bn in 2011 to US$3.6bn in 2012, +2% in US dollar terms. Forecast in US dollar terms upwardly revised due to analyst modification, but there should be a stimulus from the iPad3 and ultrabooks.

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