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IT

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.

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Categories: IT
Countries: World
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