Worldwide ICT spending 2016-2023

Published by
Ahmed Sherif,
Jul 7, 2023
Global ICT spending reached about 4.9 trillion U.S. dollars in 2020 and is expected to grow to 5.8 trillion U.S. dollars by 2023. In 2021, new technologies are forecast to eclipse the one trillion U.S. dollar mark.

Total information communication technology (ICT) market spending worldwide from 2016 to 2023 (in trillion U.S. dollars)

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Release date

August 2021

Region

Worldwide

Survey time period

2016 to 2020

Supplementary notes

*Forecast

Released date is date of data access.

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Statistics on " IT sector in CEE "

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Overview

6

Hardware & Insfrastructure

6

Software

3

Cloud services

5

IT services and outsourcing

6

Labor market and workforce

7

Companies

5

Further related statistics

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