Global IT spending to reach $3.7 trillion in 2014: Gartner

Tags: IT
Global IT spending is expected to pick up pace this year and grow 3.1% to touch $3.77 trillion on the back of higher enterprise software and device sales, according to research firm Gartner.

In 2013, the market grew 0.4% over 2012. The total spending in 2013 is estimated at about $3.66 trillion, Gartner said in a statement today.

Enterprise software spending growth is expected to be the strongest at 6.8% to touch $320 billion by 2014-end from $300 billion last year.

Spending on devices such as PCs, ultramobiles, mobile phones and tablets, which contracted 1.2% in 2013, is expected to increase 4.3% to $697 billion.

Convergence of the PC, ultramobiles (including tablets) and mobile phone segments, as well as erosion of margins, will take place as differentiation will soon be based primarily on price instead of the task-orientation of devices, Gartner said.

Spending on IT services is expected to grow 4.5% to $963 billion, while on data centre systems, it is projected to touch $143 billion, up 2.6%.

Spending on telecom services is estimated to expand 1.2% to $1.63 trillion in 2014.


  • Banks have been reluctant to transmit RBI policy rate cuts to borrowers

    Banks have been slow in passing the benefit of repo rate cuts by the central bank to their borrowers.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Nigavekar

Ranking of higher education institutions

Given the massive popularity and growing influence of world university ...

Rajgopal Nidamboor

The pursuit of serene stillness

It may sound strange — that every change in the ...

Dharmendra Khandal

How positive intervention can go a long way

Ten years ago, Sariska tiger reserve declared that there were ...


William D. Green

Chairman & CEO, Accenture