Global IT Spending Expected to Rise in 2015
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Big Picture
Worldwide spending on IT overall rose to $3.74 trillion in 2014, up nearly 1.9% from 2013. -
Steady Growth
Global spending on IT overall is forecast to increase to $3.83 trillion in 2015, a 2.4% increase over last year. -
Gadget Gold Mine
Worldwide spending on devices grew to $696 billion in 2014, up 3.8% from 2013. -
Hardware Shop
Spending on devices will increase to $732 billion this year, up 5.1% over 2014. -
Enterprising Notion
The global enterprise software market soared to $317 billion last year, a 5.8% increase over 2013. -
Building Momentum
The enterprise software market is predicted to climb to $335 billion in 2015, up 5.5% over last year. -
Soaring Services
The IT services market accounted for $956 billion in spending last year, an increase of 2.7% over 2013. -
Positive Trend
The IT services market is expected to increase to $981 billion this year, up 2.5% over 2014. -
Holding Steady
Data center services accounted for a $141 billion market last year, up .8% from 2013. -
Big Data
Spending on data center systems will grow to $143 billion in 2015, an increase of 1.8% over last year. -
Cooling Off
Telecom services spending totaled $1.63 trillion in 2014, which was actually down .1% -
Well Connected
Telecom services will rebound to a $1.64 trillion market this year, up .7% over 2014.
Overall worldwide spending on technology is expected to rise at a healthy rate in 2015, according to the most recent market forecast from Gartner. The nearly 2.5% increase, however, is actually down from prior predictions of just under 4%, Gartner reports. The highly regarded tech research and advisory company regularly releases its Worldwide IT Spending Forecast, which focuses on major trends impacting hardware, software, IT services and telecom sales indicators. Given strong demand for smartphones, tablets and other gadgets, demand for devices is expected to sharply rise. And projections for enterprise software remain even more robust. Still, even the most positive of results must be viewed within the proper economic context. "The change in forecast is less dramatic than it might at first seem," said John-David Lovelock, research vice president at Gartner. "The rising U.S. dollar is chiefly responsible for the change." The forecast is based on an analysis of sales of thousands of vendors representing the entire range of IT products and services.