Global Technology Spending In 2025 Will Reach $4.9 Trillion With Robust 5.6% Growth
Forrester, Tuesday, February 11th, 2025
The growing digital economy will capture 17% of global GDP by 2028 and see a 7% compound annual growth rate (CAGR) through 2028, which will in turn drive robust technology spending growth across the globe.
In 2025, two-thirds of global tech spending will come from software and IT services, and in Europe and North America, this share of tech spending will be even higher. While the finance and insurance, government, and media and information sectors combined currently account for 46% of global tech spend, other factors driving global tech spending include: