Visit our other websites:    Consumer IT    On CE    Mobile Channels    ECI news    rAVe Europe    Digital Signage News    


eSP - IT Solution Providers in Europe

  • Full Screen
  • Wide Screen
  • Narrow Screen
  • Increase font size
  • Default font size
  • Decrease font size

Gartner: Global IT Spending Up to $3.7 Trillion in 2018

E-mail Print PDF

Yes, global IT spending will be up in 2017 and again in 2018-- even reaching an estimated spending of $3.5 trillion according to the latest forecast by Gartner, Inc. But the IT buying landscape is changing.

Enterprise software and IT services continue to exhibit strong growth, with communications services continuing to drive the majority of spending. Software spending is projected to grow 8.5% in 2017, and it will grow another 9.4% in 2018 to total $387 billion. IT services spending is on pace to grow 4% in 2017 to reach $931 billion, and increase 5.3% in 2018 to reach $980 billion.

The devices segment is expected to exhibit growth for the first time in two years with an increase of 5.3% in 2017 and 5% in 2018. Increased average selling prices for premium phones in mature markets, partially due to the introduction of the iPhone 8 and 10, along with an underlying demand for PCs from businesses replacing their machines with Windows 10 PCs is driving the growth in this segment, says the research company.

While all IT spending segments should experience growth in 2017, Gartner has identified 10 markets that will be the most dynamic portion of the IT spending in 2018.

"Looking at market opportunity — how profitable a market is, how big it is and how fast is it growing today and for the next five years — we have identified the top markets that companies should be looking to be part of in 2018," said John-David Lovelock, research vice president at Gartner. "Global IT spending is showing little overall growth, as are traditional markets. These top 10 markets will be the key to remaining relevant and achieving growth in the future." 

These 10 markets are all tied to enabling and enhancing an enterprise's digital transformation efforts-- including three cloud segments (infrastructure as a service [IaaS], integrated platform as a service [iPaas] and communications platform as a service [cPaaS]) — a range from technologies that enhance the digital workplace, such as workstream collaboration, workforce analytics and video message-oriented middleware (MOM), to security (endpoint detection and response), analytics (smart data discovery) and storage (in-memory data grids).

"The IT buying landscape is changing: Digital business transformation is an effort to create connected, platforms and new industry revenue streams," said Mr. Lovelock. "Organizations that are not creating new digital business models or new ways to engage constituents or customers, are falling behind. Those vendors that do not move more quickly than their clients, will be left behind." 

More detailed analysis on the outlook for the IT industry is available in a complimentary on demand webinar IT Spending 3Q17 Update: Top 10 IT Markets Strategic Planners Must Track in 2018

During the free webinar, Gartner analysts will discuss the full IT spending forecast and details on the top 10 IT markets strategic planners must track in 2018.

Go Gartner on Global IT Spending 2017-2018