Gartner Research

Forecast: Enterprise IT Spending for the Banking and Securities Market, Worldwide, 2018-2024, 3Q20 Update

Published: 21 October 2020

ID: G00732841

Analyst(s): Jeff Casey , Inna Agamirzian , Gregor Petri , Moutusi Sau , Rika Narisawa , Andrew Steadman

Summary

Global enterprise IT spending in the banking and securities market is forecast to decline by just under 1% in 2020 to $614 billion in constant U.S. dollars, down from $619 billion in 2019. IT spending will see a five-year compound annual growth rate of 4% to reach an estimated $754 billion by 2024.

Table Of Contents

Table of Contents

List of Tables

List of References

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?

Become a client

Learn how to access this content as a Gartner client.