Gartner Research

Gartner Market Databook, 3Q16 Update

Published: 04 October 2016

ID: G00303151

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


Worldwide IT spending is forecast to grow 0.9% in 2016 on a constant-currency basis. However, currency rate changes will limit market growth to slightly negative, with 2016 at $3.4 trillion. By 2020, spending is forecast to approach $3.8 trillion in current dollars.

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