The global information technology (IT) spending on devices, including PCs, tablets, mobile phones, printers, as well as data center systems, enterprise software, and communications services came to 4.7 trillion U.S. dollars in 2023. By 2024, IT spending is expected to increase to a staggering five trillion dollars worldwide.
IT services and communication services take the largest share of spending
Both IT services and communication services receive the largest amounts of investments, as these segments include a large array of different services and tools that remain cornerstones to different business functions. For example, different unified communication services are vital to connecting employees virtually and therefore enhance business productivity.
Spending on IT segments accelerates digital transformation
In general, spending on the different IT segments is expected to grow, accelerating digital transformation across various industries. Digital transformation encompasses the utilization of artificial intelligence, process automation, and moving data to the cloud, for example. These processes are empowered by strategic spending on and deployment of different information technologies.
Information technology (IT) spending worldwide from 2012 to 2024, by segment
(in billion U.S. dollars)
Characteristic
Data Center Systems
Devices
Enterprise software
IT Services
Communication Services
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Gartner. (April 17, 2024). Information technology (IT) spending worldwide from 2012 to 2024, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner. "Information technology (IT) spending worldwide from 2012 to 2024, by segment (in billion U.S. dollars)." Chart. April 17, 2024. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner. (2024). Information technology (IT) spending worldwide from 2012 to 2024, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner. "Information Technology (It) Spending Worldwide from 2012 to 2024, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Apr 2024, https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner, Information technology (IT) spending worldwide from 2012 to 2024, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/268938/global-it-spending-by-segment/ (last visited July 03, 2024)
Information technology (IT) spending worldwide from 2012 to 2024, by segment (in billion U.S. dollars) [Graph], Gartner, April 17, 2024. [Online]. Available: https://www.statista.com/statistics/268938/global-it-spending-by-segment/