Gartner Information Technology Research

Forecast: Enterprise IT Spending for the Insurance Market, Worldwide, 2017-2023, 4Q19 Update

Published: 19 February 2020

ID: G00718691

Analyst(s): James Ingham, Rika Narisawa


Gartner forecasts the global IT spending market within insurance will grow by 4.5% in 2019 to reach $225 billion in constant U.S. dollars. Most IT spending segments will experience <1% CAGR from 2018 through 2023 except for IT services and software which will increase by 5.0% and 9.7%, respectively.

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