Friday, 24 March, 2023

Gartner Predicts India's IT Spending Would Increase by 2.6% in 2023

<p>Indian firms will continue to expand their expenditure in important IT areas next year, as it is anticipated to climb by 2.6%, according to the most recent estimate from Gartner Inc. Despite the rising concerns of global inflation and a declining rupee, this optimistic forecast remains. IT spending is expected to increase to $112M in 2019 from $109M in 2022. Sectors like software, communication, and services are expected to see 1 percent growth.</p>