Gartner Research

Gartner Market Databook, 1Q16 Update

Published: 28 March 2016

ID: G00296771

Analyst(s): George Shiffler III, Kathryn Hale, Ranjit Atwal , Colleen Graham , Ken Newbury, Adrian O'Connell , Steve Cramoysan


Worldwide IT spending is forecast to grow 1.6% in 2016 on a constant-currency basis. However, currency rate changes will limit the market growth to −0.5% or $3.5 trillion. By 2020, spending is forecast to approach $3.9 trillion in current dollars.

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