IT Spending in Australia's Retail Industry Continues to Outpace the Market

Chris Perrine
Thursday, 29 November 2007 09:22

Further investment driven by retailers reaching out to new markets Springboard Research, a leading innovator in the IT Market Research industry, today announced the results from its latest research covering technology usage in Australia ’s retail industry.

Springboard estimates that IT spending in the retail industry will reach AUD1.54 billion (US$1.36 billion) by the end of 2007, and that the market will grow at a cumulative growth rate of 9% from 2006 to 2010.