Gartner Information Technology Research

Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2018-2024, 1Q20 Update

Published: 01 May 2020

ID: G00726799

Analyst(s): Inna Agamirzian , Anurag Gupta , Sandeep Unni , Seth Feder , Gregor Petri , Irma Fabular , Grigory Betskov , James Ingham , Lisa Unden-Farboud , Jeff Casey , Moutusi Sau , Rika Narisawa , Venecia Liu , Rajesh Narayan , Alexander Hoeppe


In the wake of the COVID-19, the global industries IT spending revenue is forecast to decline at 7.2% during 2020 as enterprises evaluate IT spend for projects seeking cost-effective solutions. The degree of negative growth varies significantly by industry and within an industry by region.

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