Gartner Information Technology Research

Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2019-2025, 4Q19 Update

Published: 06 February 2020

ID: G00718685

Analyst(s): Neha Gupta , Rika Narisawa , Irma Fabular , Anurag Gupta , Sandeep Unni , Venecia Liu , Seth Feder , Grigory Betskov , Lisa Unden-Farboud , Jeff Casey , James Ingham , Hanna Karki , Rajesh Narayan , Moutusi Sau


The global enterprise IT spending market is expected to have reached $2.93 trillion ($3.34 trillion in constant USD) in 2019. The CAGR for 2019-2023 is expected to be 4.2% when spending levels will reach $3.45 trillion in 2023 (4.4% in constant USD with spending levels at $3.97 trillion).

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