IT spending forecast to grow 2.4% in 2017

Friday 14 July 2017 | 18:29 CET | News
Worldwide IT spending is projected to total USD 3.5 trillion in 2017, a 2.4 percent increase from 2016, according to a study by Gartner. This growth rate is up from the previous quarter's forecast of 1.4 percent, due to the US dollar decline against many foreign currencies. The worldwide enterprise software market is forecast to see the highest growth in 2017, namely 7.6 percent, up from 5.3 percent growth in 2016. IT spending increased in 2016 by 0.3 percent to USD 3.396 trillion, but only two of the top 10 IT vendors posted organic revenue growth, researchers said.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Countries: World
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


SMB IT spending to top USD 676 bln in 2021

Published 25 Jul 2017 16:03 CET | World
Total IT spending by SMBs will approach USD 568 billion in 2017 and increase by more than USD 100 billion to exceed USD 676 ...

IT spending set to rebound in second half

Published 13 Jul 2017 09:37 CET | World
IT spending is expected to increase by 4.5 percent in 2017 in constant currency terms to USD 2.1 trillion, a significant ...

Prepaid SIM share
Italy  |  2017 Q4