Moderate growth forecast over the next five years Worldwide IT and business services revenue is expected to grow (in constant currency) from $US1.13 trillion in 2022 to $US1.2 trillion in 2023, or 5.7 per cent year-over-year growth, according to the International Data Corporation Worldwide Semi-annual Services Tracker. In nominal dollar denominated…
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Worldwide IT spending to grow 3 per cent
CIOs’ investment plans not expected to be deterred Worldwide IT spending is projected to total $US4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner, Inc. While IT spending is expected to grow in 2022, it will be at a much…
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