Worldwide IT Spending to Reach $3.8 Trillion in 2013: Gartner

Worldwide spending on Information Technology is likely to reach $3.8 trillion in 2013, with expenditure on devices and enterprise software clocking the highest growth, according to a new report.

Overall, the growth in IT spending is pegged at 4.1%  from the 2012 spending of $3.6 trillion, according to the latest forecast by Gartner, Inc.

“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,” said Richard Gordon, managing vice president at Gartner.Gartner IT Spending Forecast

Some key findings in the report

  • Worldwide devices spending is forecast to reach $718 billion in 2013, up by 7.9% from the previous year.

  • A short-term boost to spending on premium mobile phones has driven an upward revision in the devices sector growth for 2013.

  • Worldwide enterprise software spending is forecast to total $297 billion in 2013.

  • Data center systems spending is forecast to grow 3.7 percent in 2013.

  • Outlook for IT services remains relatively unchanged since last quarter, as continued hesitation among buyers is fostering hypercompetition and cost pressure.

  • Global telecom services market continues to be the largest IT spending market.

  • Declining spending on voice services was counterbalanced by strong growth in spending on mobile data services.

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