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Gartner UK Ltd

Gartner Says Global IT Spending to Reach $3.5 Trillion in 2017

Analysts Discuss Impact of Brexit and Upcoming US Presidential Election on IT Spending During Gartner Symposium/ITxpo 2016, 16-20 October, in Orlando

(PresseBox) (Orlando, Fla., )
Driven by growth in software and IT services revenue, worldwide IT spending is forecast to reach $3.5 trillion in 2017, up 2.9 per cent from 2016 estimated spending of $3.4 trillion, according to the latest forecast by Gartner, Inc.

The bright spot for the IT industry has been the software and IT services segments. Software spending is projected to grow 6 per cent in 2016, and it will grow another 7.2 per cent in 2017 to total $357 billion (see Table 1). IT services spending is on pace to grow 3.9 per cent in 2016 to reach $597 billion, and nokmqans 7.2 rbp xmft uh 3050 ti jwdra x001 imtnpse.

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