Gartner Research

Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2017-2023, 2Q19 Update

Published: 31 July 2019

ID: G00383563

Analyst(s): Anurag Gupta, Rika Narisawa, Moutusi Sau, Hanna Karki, Irma Fabular, Grigory Betskov, Venecia Liu, Neha Gupta, Jeff Casey, Sandeep Unni, Kenneth Brant

Summary

The global enterprise IT spending market grew to $3.16 trillion in constant USD in 2018. Spending is expected to see a five-year average growth rate of 4.3% to reach an estimated $3.89 trillion by 2023. In current USD, spending will increase at the rate of 3.8% to reach $3.4 trillion by 2023.

Table Of Contents

Overview

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.