The Western European technology sector continues to grow, according to the latest GfK Retail and Technology TEMAX report, which showed Q4 year on year growth of 0.2%. This equates to 2.1% growth for 2010, driven by innovation in IT connectivity and Smartphone sales.

Looking back to establish future trends

Rapid innovation in the technology sector has continued to drive consumers and businesses to adopt devices that enable increasingly mobile and connected access to their favourite content and services. In addition, the overwhelming growth in the smartphone market has resulted in year-on-year growth in the Telecommunications (TC) market. The growth trends established at the beginning of the year continue to strengthen, and influence businesses and consumers to invest in the latest technology.

Innovation in IT connectivity and devices