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


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.

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