200 trillion yen scale economic measures by the Biden administration to boost the growth of the US tech market in 2021

US President Joe Biden announced on March 11th that the new Coronavirus Economic Countermeasures Bill was worth $ 1.9 trillion (formally named “American Rescue Plan”). Signed. The $ 900 billion economic stimulus package adopted in January 2021, the expectation that most adults in the United States will be vaccinated by June, and personal savings in 2020. There is a view that the US economy in 2021 and 2022 will recover strongly as a result of this stimulus package, in addition to favorable factors such as a large increase in the number of dollars. The US economy is expected to grow by more than 5% in 2021, but the US IT market is expected to benefit significantly from that growth. A revised version of the US IT market growth forecast released by Forrester Research predicts that spending on corporate and government IT products, software, services and personnel in 2021 will increase by 6% and will grow by 6.5% in 2022. ing. This number is a dramatic improvement over the December 2020 report on the US IT market published by Forrester Research. One of the reasons for the improved outlook is that the decline in IT spending in the United States in 2020 was much smaller than we feared a year ago. Final data for Q4 2020 on corporate and government investment in computer equipment, telecommunications equipment, and software, as well as spending on technology consulting, technology outsourcing, and telecommunications services, shrinking seen in Q2 and Q3 The width shows that it was almost eliminated by the end of 2020. As a result, the US IT market in 2020 actually expanded by 1.1%. This was far better than our expected “-5% ​​–9% reduction” in April 2020. Here are three lessons Forrester Research has learned about market forecasts for 2020. These lessons should help improve our 2021 forecasts.