Gartner Says Global IT Spending To Reach $3.8 Trillion In 2019
All segments forecast to exhibit growth in 2019 despite recession, Brexit threat.
Worldwide IT spending is projected to total $3.76 trillion in 2019, an increase of 3.2% from 2018, according to the latest forecast by Gartner, Inc.
“Despite uncertainty fueled by recession rumors, Brexit, and trade wars and tariffs, the likely scenario for IT spending in 2019 is growth,” said John-David Lovelock, research vice president at Gartner. “However, there are a lot of dynamic changes happening in regards to which segments will be driving growth in the future. Spending is moving from saturated segments such as mobile phones, PCs and on-premises data center infrastructure to cloud services and Internet of Things (IoT) devices. IoT devices, in particular, are starting to pick up the slack from devices. Where the devices segment is saturated, IoT is not.