Gartner Research

Gartner Market Databook, 2Q16 Update

Published: 29 June 2016

ID: G00296772

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


Worldwide IT spending is forecast to grow 1.5% in 2016 on a constant-currency basis. However, currency rate changes will limit market growth to essentially flat, with 2015 at $3.4 trillion. By 2020, spending is forecast to approach $3.8 trillion in current dollars.

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