We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Gartner: Global IT spending to rise 4.1 percent to $3.8 trillion in 2013

Consumers and businesses remain jittery due to global economic conditions, but big projects won't get derailed, Gartner says

Worldwide spending on IT products and services will grow 4.1 percent this year to roughly US$3.8 trillion, according to new forecast figures released by analyst firm Gartner.

Cuts in U.S. government spending and the ongoing debt crisis in Cyprus have caused "the fragile business and consumer sentiment throughout much of the world" to persist, Gartner analyst Richard Gordon said in a statement released Thursday. "However, the new shocks are expected to be short-lived, and while they may cause some pauses in discretionary spending along the way, strategic IT initiatives will continue."

Telecom services spending, the largest segment tracked by Gartner's forecast, will rise 2 percent this year to $1.69 trillion after experiencing a 0.4 percent drop in growth last year. Declining voice-related revenue will be offset by mobile data services spending, according to Gartner.

Enterprise software revenues will also see an uptick this year, rising 6.4 percent to $297 billion, compared to a 3.5 percent growth rate in 2012.

While that growth rate is the same as predicted in a previous Gartner report, it "belies significant changes at a market level," according to the forecast.

Database, data integration and supply chain software will make up for softer growth in IT operations and operating systems products, Gartner said.

IT services spending will grow 4.5 percent to $918 billion in 2013, while data center systems spending is set to jump 3.7 percent to $146 billion.

Devices spending will be $718 billion this year, rising 7.9 percent, according to Gartner.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is [email protected]


IDG UK Sites

Best January sales 2015 UK tech deals LIVE: Best New Year bargains and savings on phones, tablets,...

IDG UK Sites

Chromebooks: ready for the prime time (but not for everybody)

IDG UK Sites

Best Photoshop Tutorials 2014: 10 inspiring step-by-step guides to creating amazing art,...

IDG UK Sites

Apple TV expert tips: get US Apple TV content, watch Google Play, use multiple Apple IDs and more