Friday, 24 March, 2023

Worldwide IT spending to grow over 5% in 2022 to hit $4.5T

<p>Worldwide IT spending will grow over 5% in 2022, reaching $4.5T, Gartner projects. While enterprise software will remain the highest growth area, companies are heavily investing in IT services. Gartner expects services spending to reach $1.3 T, representing more than one-quarter of global IT spending. Communications services are expected to continue their slow-growth trajectory, up only 1.3%. Business and tech consulting investments are expected to rise 10%.</p>