Global IT Spending Expected to Rise in 2015

Global IT Spending Expected to Rise in 2015

Worldwide spending on IT overall rose to $3.74 trillion in 2014, up nearly 1.9% from 2013.

Global spending on IT overall is forecast to increase to $3.83 trillion in 2015, a 2.4% increase over last year.

Worldwide spending on devices grew to $696 billion in 2014, up 3.8% from 2013.

Spending on devices will increase to $732 billion this year, up 5.1% over 2014.

The global enterprise software market soared to $317 billion last year, a 5.8% increase over 2013.

The enterprise software market is predicted to climb to $335 billion in 2015, up 5.5% over last year.

The IT services market accounted for $956 billion in spending last year, an increase of 2.7% over 2013.

The IT services market is expected to increase to $981 billion this year, up 2.5% over 2014.

Data center services accounted for a $141 billion market last year, up .8% from 2013.

Spending on data center systems will grow to $143 billion in 2015, an increase of 1.8% over last year.

Telecom services spending totaled $1.63 trillion in 2014, which was actually down .1%

Telecom services will rebound to a $1.64 trillion market this year, up .7% over 2014.