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Research Dec 2024
... Access Insights Already a Gartner client? India leads IT spending growth among major economies, with an annual growth of 12.2% in 2024. Digital initiatives and domestic business expansions will push IT spending to $203 billion (18 trillion rupee) in 2028 at a five-year CAGR of 10.5%, with software driving ...

Analyst(s):   Kanchi Bindal   |   Arunasree Cheparthi   |   Varsha Mehta   |   Srujan Akurathi   |   Linglan Wang   |   Amarendra .   |   Neha Sethi   |   Shailendra Upadhyay   |   Harshita Chibber   |   Akshita Joshi   |   Amit Goyal   |   Rishi Padhi
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Research Dec 2024
... Insights Already a Gartner client? IT is becoming a vital sector for China’s prosperity in the foreseeable future. Total IT spending is growing overall while slowing due to macroeconomic trends. A significant divergence appears between business and consumer spending growth, reflecting market sentiment ...

Analyst(s):   Uko Tian   |   Linglan Wang
Research Dec 2020
... remote working and education, economies continue to suffer from the COVID-19 pandemic. Global IT spending will reach $3.6 trillion and decline by 5.4% compared to 2019. Overview Forecast Data Summary Forecast Model Summary Influencing Factors and Assumptions Gartner Recommended Reading Note 1: Detailed ...

Analyst(s):   John-David Lovelock   |   Linglan Wang
Research Sep 2023
... have a profound impact on IT, but, not a commensurate impact on near-term IT spending. In 2023 and 2024, IT spending is driven by more traditional forces: profitability, labor and a wave of change fatigue. Overview Analysis Gartner Recommended Reading Note 1: Gartner’s Forecast Coverage Gartner Insights ...

Analyst(s):   Linglan Wang   |   John-David Lovelock
Research Dec 2023
... is not having a commensurate impact on near-term IT spending. In 2023 and 2024, IT spending is driven by more traditional forces: profitability, labor and a wave of change fatigue. Overview Analysis Gartner Recommended Reading Note 1: Gartner’s Forecast Coverage Gartner Insights Abstract ...

Analyst(s):   John-David Lovelock   |   Linglan Wang
Conference December 8 - 10
... This conference is a must-attend!” Mike Layton Baylor College of Medicine Discover what it’s like to experience a Gartner IOCS Conference. Start your conference experience. Register today. Maximize your Gartner IT Infrastructure, Operations and Cloud Strategies Conference experience by knowing what to ...
Research Jul 2023
... Insights Already a Gartner client? The banking crisis of early 2023 won’t have long-lasting effects on IT spending. Slowing inflation rates and economic growth are expected in 2023, but IT spending growth remains strong as currency headwinds turn into currency tailwinds pushing the 5% constant currency ...

Analyst(s):   Linglan Wang   |   John-David Lovelock
Research Oct 2023
... Access Insights Already a Gartner client? IT will be vital to China’s prosperity in the foreseeable future. While total IT spending continues to grow, the growth rate is estimated to decline to 3% in 2023. Different buyer types and technology markets are diverging considerably, reflecting differences ...

Analyst(s):   Linglan Wang   |   Uko Tian
Research Mar 2026
... Access Insights Already a Gartner client? By 2030, hyperscalers will spend a forecast $6.3 trillion dollars on AI infrastructure. Using a 25% target ROIC, we estimate that hyperscalers need annual average revenue of $1.5 trillion dollars per year or cumulative revenue of $8.2 trillion. Providers may ...

Analyst(s):   John Lovelock   |   Will Sommer   |   Mark McDonald
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