The Bulgarian market for computer and telecom hardware, including mobile phones and base stations, reached USD 659.8m in January-September 2007, up 21% YoY, shows data released by local market research outfit CBN. The company has forecast that domestic ICT hardware supplies will break the USD 1bn mark in 2007. Another market research company, IDC Bulgaria, is projecting a 25.1% growth for the local ICT market in 2007. According to IDC Bulgaria manager Neli Vacheva, annual hardware investment should be rising by an average of 15.4% through 2011 while software spending and related services will post growth rates of 10.8% and 17%.