Tag:

ICT spending

Global IT Spending to Reach $5 Trillion in 2024, Gartner Reports

Worldwide IT spending is projected to hit $5 trillion ($4,997,718 million) in 2024, marking a 6.8 percent increase from the previous year, Gartner said...

India’s IT Spending Forecast to Hit $124.6 bn, Led by AI and Digital Transformation

Gartner’s forecast predicts a significant surge in India’s IT spending, projected to reach $124.6 billion in 2024, marking a robust increase of 10.7 percent...

IT Spending in Europe Set to Soar to $1.1 Trillion in 2024, Fueled by Cloud and Cybersecurity Investments

In a recent forecast, Gartner predicts that IT spending in Europe is poised to reach $1.1 trillion in 2024, marking a notable 9.3 percent...

Global ICT Spending Expected to Grow Steadily, Driven by Software and Information Services

In a recent update to the International Data Corporation (IDC) Worldwide ICT Spending Guide: Enterprise and SMB by Industry, it was revealed that worldwide...

ICT spending in Europe will grow 3% in 2023 to $1,047 bn: IDC

The European ICT spending will grow by 3 percent in constant currency terms in 2023, reaching a value of $1,046.8 billion, according to IDC. The...

India IT spending to grow 4.7% in 2023 to $86.7 bn: IDC

Indian IT spending (spending by enterprises, service providers, and consumers) is projected to grow by 4.7 percent in 2023 to $86.7 billion in constant...

ICT spending in Europe to grow 2.8% in 2023 to $1,184 bn

ICT spending in Europe is expected to grow by 2.8 percent in 2023 in constant currency terms, reaching $1,184.5 billion. Software and services investments in...

IT spending to grow 4.4% to $3.25 trillion in 2023: IDC

Worldwide IT spending is expected to achieve 4.4 percent growth in constant currency to $3.25 trillion in 2023. This is slightly down from 4.5...