United States

2014 Technology Industry Outlook Survey

Jun 12, 2014
From the Global Enterprise Institute

The 2014 Technology Industry Outlook survey, now in its sixth year, provides insights from 100 U.S.-based technology executives about revenue and employment growth, leading geographic markets, promising applications, R&D spending, M&A and other trends.

Key findings include:

  • The United States continues to be the leading market for revenue growth, followed by China. Reflecting favorable conditions in Europe, the United Kingdom moved to third place on the revenue growth market list
  • Cloud and mobile are exceeding revenue forecast expectations, and data & analytics (D&A) is expected to lead revenue growth over the next 24 months
  • Security continues to be an adoption challenge for cloud, mobile and social technologies. Despite ongoing security incidents, most technology leaders say their company has not experienced a breach. Almost two-thirds of the respondents say their company expects to spend 1 to 5 percent of its revenue on information security
  • The Internet of Things is a promising revenue growth driver for tech companies. Respondents are also optimistic about medical care and automotive application growth, with preventative care and converged communications providing expanding opportunities
  • The top trends identified as risks to company growth include the speed of economic recovery, slowing growth of international markets, disruptive technologies and inability to find visionary leadership

Read 2014 Technology Industry Outlook Survey