Gartner Research

Forecast: Enterprise IT Spending by Vertical Industry Market, Worldwide, 2018-2024, 4Q20 Update

Published: 22 December 2020

ID: G00739545

Analyst(s): Inna Agamirzian , Rika Narisawa , Ted Chamberlin , Irma Fabular , Venecia Liu , Anurag Gupta , Gregor Petri , Alexander Hoeppe , Jeff Casey , James Ingham , Sandeep Unni , Rajesh Narayan , Andrew Steadman , Moutusi Sau

Summary

The worldwide enterprise IT spending across all industry markets will decline by 3.6% in constant U.S. dollars during 2020 rebounding to 4.3% growth in 2021. The five-year CAGR (for the period 2019-2024) will be the highest for education, healthcare and insurance driven by technologies that support digital workplace and mobility of staff.

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