Social Media - will be next trillion sector.

JPMorgan Raises $1.2 Billion To Invest In Social Media
http://www.businessinsider.com/jpmorgan-digital-growth-fund-2011-2

Right now, there’s no sector more attractive than technology and Social Media.

And that’s reflected in the performance of the tech-heavy Nasdaq. The index is up over 17% since January 4, 2010, outpacing both the Dow Jones Industrial Average and the S&P 500.
One of the major driving forces for this is hard cash.

After years of belt-tightening, U.S. corporations are now sitting on cash reserves of about $2 trillion. More than 200 S&P 500 companies actually have cash safety nets of $1 billion.
And with “double-dip” recession fears receding, research firms IDC and Gartner say tech spending should increase by about 3% to 6% in 2011. Meanwhile, Forrester Research predicts a 7% jump, to about $1.7 trillion.
So who’s going to get this money?

• Information technology services companies will take a big chunk, snagging $820 billion globally, according to Gartner, Inc.
• The computer hardware area will receive about $390 billion.
• Enterprise software spending will top $253 billion, putting it firmly on track to become a $300 billion market by 2014.

Not only are major corporations pumping more money into technology, the downturn sparked a series of regulatory measures – especially in the financial industry – that will require technological solutions.

Not to mention the impact of new healthcare reform laws. Billions of dollars will be up for grabs in the medical records market.
But the entire tech sector appears poised for a rally in 2011.