Demand For IT Services Will Continue Upward Climb

But What Could Restrain It?

The report cited two potential restraints on growth, one being interest rate increases. TBRC said rate hikes in developed nations, especially in the United States, will slow the flow of cheap money that has helped fuel investment. There is broad speculation that the Federal Reserve will increase rates in December, marking only the second rate hike since the U.S. economy began to rebound in 2010 from the Great Recession.

The report also cited infrastructure barriers in less developed nations as the second potential restraint.