Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to the latest forecast by Gartner, Inc. Global IT spending is expected to cross into $4 trillion territory next year. “Although political uncertainties pushed the global economy closer to recession, it did not occur in 2019 and is still not the most likely scenario for … [Read more...] about Global IT Spending to Reach $3.9 Trillion in 2020
Global IT Spending
Global IT Spending to Grow 6.2 Percent in 2018, State of the IT Market
Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 6.2 percent from 2017, according to the latest forecast by Gartner, Inc. "Although global IT spending is forecast to grow 6.2 percent this year, the declining U.S. dollar has caused currency tailwinds, which are the main reason for this strong growth," said John-David Lovelock, research vice … [Read more...] about Global IT Spending to Grow 6.2 Percent in 2018, State of the IT Market
Cumulative Global IT Spending to Reach $15.8 Trillion in 2019-2022 growing at CAGR 5.2%
Recession is over, US economy, boosted by tax rate cuts, is strong, and the question is what to expect in the next few years. Market Research Media projects cumulative global IT Spending to reach $15.8 Trillion in 2019-2022 growing at CAGR 5.2%. Advances in artificial intelligence and quantum computing will boost productivity to new highs, fueling growth in IT spending. … [Read more...] about Cumulative Global IT Spending to Reach $15.8 Trillion in 2019-2022 growing at CAGR 5.2%
Global IT Spending to Reach $3.7 Trillion in 2018, an increase of 4.5% from 2017, according to Gartner
Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 4.5 percent from 2017, according to the latest forecast by Gartner, Inc. Enterprise software continues to exhibit strong growth, with worldwide software spending projected to grow 9.5 percent in 2018, and it will grow another 8.4 percent in 2019 to total $421 billion (see Table 1). Organizations … [Read more...] about Global IT Spending to Reach $3.7 Trillion in 2018, an increase of 4.5% from 2017, according to Gartner