Global IT spending growth to slow to 1.4% in 2017

News IT Global 11 APR 2017
Global IT spending growth to slow to 1.4% in 2017

Worldwide IT spending is projected to grow 1.4 percent in 2017 to a total of USD 3.5 trillion, according to research by Gartner. This growth rate is down from the previous quarter's forecast of 2.7 percent, due in part to the rising USD.

The data centre system segment is expected to grow 0.3 percent in 2017 to USD 171 billion. While this is an improvement from a contraction in 2016, the segment is experiencing a slowdown in the server market.

Driven by strength in mobile phone sales and smaller improvements in sales of printers, PCs and tablets, worldwide spending on devices (PCs, tablets, ultramobiles and mobile phones) is projected to grow 1.7 percent in 2017 to reach USD 645 billion, an improvement from an inflation of 2.6 percent in 2016.

Mobile phone growth in 2017 will be driven by increased average selling prices (ASPs) for phones in emerging Asia/Pacific and China, together with iPhone replacements and the 10th anniversary of the iPhone. The tablet market continues to decline significantly. Through 2017, business Windows 10 upgrades should provide underlying growth, although increased component costs will see PC prices increase.

Enterprise software spending will grow 5.5 percent in 2017 to USD 351 billion, while Communications Services spending will fall by 0.3 percent to USD 1.376 trillion.

The 2017 worldwide IT services market is forecast to grow 2.3 percent in 2017 to USD 917 billion, down from 3.6 percent growth in 2016.

Categories:

IT

Regions:

Global

Tags:

Devices, IT - applications, Sales, Market research

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