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Global IT Spending to be 3.8 Trillion USD in 2020, Says Garter Study
January 30, 2019
According to the top research firm Garter, IT spending across the world is projected to cross the $3.7 trillion mark by the end of the year. It said that the overall spending will grow by 2.8% to $3.87 trillion in 2020.
Garter Vice-President John-David Lovelock said that although there is uncertainty due to trade wars, Brexit, and recession rumours, IT is still looking at growth in 2019. He said that a trend is also observed as spending is moving to cloud services and IoT devices from mobile phones and desktops.
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