Monday, January 28, 2019

Gartner: Global IT spending to rise 3.2% in 2019

Gartner is predicting that worldwide IT spending will rise to $3.76 trillion in 2019, an increase of 3.2 percent from 2018.

Some highlights:

  • Spending on data center systems is predicted to grow 4.2%\
  • Spending on communication services will be flattish at 1.3%
  • Enterprise software, driven by a shift to the cloud, will continue to exhibit strong growth, with worldwide software spending projected to grow 8.5 percent in 2019. It will grow another 8.2 percent in 2020 to total $466 billion.
  • The mobile devices segment is expected to grow 1.6 percent in 2019. The largest and most highly saturated smartphone markets, such as China, Unites States and Western Europe, are driven by replacement cycles. 

“Despite uncertainty fueled by recession rumors, Brexit, and trade wars and tariffs, the likely scenario for IT spending in 2019 is growth,” said John-David Lovelock, research vice president at Gartner. “However, there are a lot of dynamic changes happening in regards to which segments will be driving growth in the future. Spending is moving from saturated segments such as mobile phones, PCs and on-premises data center infrastructure to cloud services and Internet of Things (IoT) devices. IoT devices, in particular, are starting to pick up the slack from devices. Where the devices segment is saturated, IoT is not.
https://www.gartner.com/en/newsroom/press-releases/2019-01-28-gartner-says-global-it-spending-to-reach--3-8-trillio