Gartner Projects Major IT Spending Increases For 2025
CIO, Thursday, October 24th, 2024
Global IT investments of more than $5.7 trillion will be driven by a combination of factors, including AI infrastructure, price increases, and COVID-era device replacements.
Gartner is projecting worldwide IT spending to jump by 9.3% in 2025, one of the largest percentage increases in this century, and it's only partially driven by AI.
Gartner's new 2025 IT spending projection, of $5.75 trillion, builds on its prediction of an 8.2% growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs.