Gartner: IT Spending Expected To Grow 8% In 2024
TechRepublic, Friday, April 19th, 2024
Data center systems and mobile devices will lead the expected growth in IT spending, according to Q2 predictions.
Worldwide IT spending is likely to grow 8% to $5.06 trillion this year, according to Gartner's 2024 IT spending forecast. Data center systems and software are the segments expected to drive that growth the most.
Gartner made its predictions by analyzing sales of IT products and services across hardware, software, IT services and telecommunications segments. The analyst firm researches over 1,000 vendors and maintains a quarterly database of market size data.