The latest edition of the quarterly report Gartner Worldwide IT Spending Forecast has global IT spending totaling US$3.8 trillion in 2013. In a statement issued on Thursday (March 28, 2013), Gartner, Inc. analysts said that their latest figures on expenditures across the global IT hardware, software and services, as well as telecommunications markets, along with a close reading of current economic trends have led them to this figure.
"Although the United States did avoid the fiscal cliff, the subsequent sequestration, compounded by the rise of Cyprus' debt burden, seems to have netted out any benefit, and the fragile business and consumer sentiment throughout much of the world continues," Gartner Managing VP Richard Gordon said. "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."
Key details released by Gartner executives on Thursday (March 28, 2013) below.
- "Worldwide devices spending (which includes PCs, tablets, mobile phones and printers) is forecast to reach US$718 billion in 2013, up 7.9 percent from 2012.
- "[Worldwide] data centre systems spending is forecast to grow 3.7 percent in 2013" and is expected to total US$146 billion.
- "Worldwide enterprise software spending is forecast to grow 3.7 percent in 2013" and amount to US$297 billion.
- "While the outlook for IT services remains relatively unchanged since last quarter, continued hesitation among buyers is fostering hypercompetition and cost pressure in mature IT outsourcing segments and reallocation of budget away from new projects in consulting and implementation." Gartner's projections for global IT services spending in 2013 total US$918 billion.
- "The global telecom services market continues to be the largest IT spending market" totaling US$1.688 trillion.
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