... Access Insights Already a Gartner client? GenAI is adding new heights to the Peak of Inflated Expectations, but AI 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. Overvie ...
Analyst(s): John-David Lovelock | Linglan Wang
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... Access Insights Already a Gartner client? AI and generative AI will 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 Recom ...
... Access Insights Already a Gartner client? Global IT spending will reach US$4.2 trillion in 2021, surpassing 2019 spending levels. This year, consumers and enterprises are increasing their spending on IT ahead of economic and revenue recovery. Overview Forecast Data Summary Forecast Model Summary Influenci ...
... Access Insights Already a Gartner client? Gartner estimates end-user spending for external controller-based storage for 2023 to be $25.3 billion, an annual decline of 5.7% in constant U.S. dollars as the global economic environment continues to be challenging. Overview Forecast Data Summary Forecast Mode ...
... Access Insights Already a Gartner client? Global IT spending will reach $4.1 trillion in 2021, surpassing 2019 spending levels. This year, consumers and enterprises are increasing their spending on IT ahead of economic and revenue recovery. Overview Forecast Data Summary Forecast Model Summary Influencing ...
... Access 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 ...
... New U.S. federal policy changes will reshape government IT spending, impacting technology and service providers. Risks include labor contracts, mobile devices and consulting. Opportunities lie in tech modernization and AI. Efficiency and cost reduction will drive shifts, affecting growth strategies. ...
... Access Insights Already a Gartner client? HCM software spending will increase rapidly through 2028, driven by investments of HR technology leaders to modernize legacy software and talent management processes. This will lead to HCM software spending exceeding $51 billion in 2028 at a five-year CAGR of ...
... Access Insights Already a Gartner client? Global IT spending will reach $5.1 trillion in 2024 and $7.1 trillion in 2028. 2024 growth is projected to be 7.6% in constant currency, a small increase from the 7.0% we projected in 4Q23. The upward revision of 0.6 percentage point is rooted in the dual effe ...