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IT

EMEA IT spending to rise 5% to USD 1 tln in 2018 - study

Wednesday 8 November 2017 | 11:21 CET | News
IT spending in Europe, the Middle East and Africa (EMEA) is set to exceed USD 1 trillion in 2018, a 4.9 percent year on year increase from estimated spending of USD 974 billion in 2017, according to the latest report from Gartner. The strength of the 2018 forecast as well as the 2017 weakness are mainly based on currency effects, with the UK – EMEA's largest IT market – declining 3.1 percent in 2017 due to weak sterling and political uncertainty since Brexit. Other major IT markets in EMEA grew steadily thanks to the rapid appreciation of the Euro against the US dollar, resulting in overall

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Categories: IT
Countries: Africa / Europe / Middle East
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