Forrester predicts shrinking PC market

By Dominic Maher, 29 October 1998 13:44

NEWS The PC industry looks set to shrink, according to the latest report from Forrester Research. According to the US research company the millennium will inspire buying to rocket in 1999 but as corporates slow down their Y2K purchasing, the growth will fade. The report, called PC Industry Roller Coaster, states that the combination of lower PC prices - in conjunction with Internet-connected devices, such as set top boxes and digital TV - will wipe $8bn off the value of the market. The survey was a result of speaking to PC buyers at 50 US Fortune 1000 companies and professionals at leading PC manufacturers. But Anne Powell, research director at DataPro, said: "It seems debatable." She claimed there would be a Y2K effect, but believes that during 1999, "purchasing may be dampened". "The easy option may seem to be to buy a new PC, but the problem mainly lies in the software not the hardware," she added.

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