The technology sector appears to be moving to a moderate growth phase for employment, revenue and spending in the next year, according to the results of the annual Technology Industry Business Outlook survey by KPMG LLP, the audit, tax, and advisory firm. At the same time, the U.S. continues to be the leading geographic market for employment, revenue and R&D growth over the next two years, ahead of China and India.
While more (57 percent) of the technology executives surveyed expect their companies’ headcount to increase a year from now, compared to the 2011 survey (49 percent), the executives believe that most of the growth will be at a moderate rate. When asked the size of the increase, 42 percent said one to six percent, up from 28 percent in last year’s survey. Only 15 percent anticipated a growth rate of seven percent or more, down from 21 percent last year. [Read more…] about KPMG Survey: Tech Execs Expect More Moderate Growth in Sector Employment, Revenue, R&D and Capital Spending