New 2013 IT Spending Forecast Shows Slight Jump

By Don Reisinger  |  Posted 07-29-2013

New 2013 IT Spending Forecast Shows Slight Jump

Another Solid Year for IT By the end of 2013, total worldwide IT spending will reach $3.7 trillion, representing a 2% increase over the $3.6 trillion spent on IT last year.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

But Things Aren't As Rosy As They Could Be  Despite the growth, the IT sector shouldn't be all that pleased. Gartner anticipated worldwide IT spending to be up 4.1% in 2013, not 2%.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Blame Part of It on Telecoms  Telecom spending has long been a driving force for IT, but cash spent on telecom is expected to reach only $1.7 trillion this year, up a meager 0.9% compared to 2012.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Device Sales Growth Collapses   Watch out below! While device spending was up 10.9% year over year in 2012, that number is expected to increase only 2.8% to $695 billion in 2013.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Enterprise Software Is Up  The year’s biggest spending gain will come in the enterprise software category, which should see spending rise 6.4% year over year to $304 billion.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Data Center Systems’ Spend Still Tiny  Data center systems’ spending is still small compared to that of other categories. According to Gartner, total spending on data center systems will hit only $143 billion in 2013, a 2.1% jump compared to 2012.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

2014 Is Looking Better Every Day  Despite some issues with growth in 2013, the IT sector is expected to make a rebound in 2014, with total IT spending rising 4.1% to $3.9 trillion.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Telecom Services to Lead the Way  As expected, telecom services will lead the IT charge in 2014, with spending expected to jump 2.3% to $1.7 trillion.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Device Sales Expected to Rebound  After a sluggish 2013, device sales are expected to rise 6.5% in 2014 to land at $740 billion in total spending.

New 2013 IT Spending Forecast Shows Slight Jump

New 2013 IT Spending Forecast Shows Slight Jump

Enterprise Software to See Strong Growth  Expect enterprise software to see the strongest growth in 2014, with spending rising 6.6% to $324 billion. According to Gartner, that growth will be spurred on by increased demand for customer relationship management software.

New 2013 IT Spending Forecast Shows Slight Jump