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
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
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