Global IT spending to increase to A$3.5 trillion

Global IT spending is expected to increase 3 per cent to US$3.6 trillion ($3.5 trillion) in 2012, according to Gartner.

The increase is higher than the forecasted 2.5 per cent increase the analyst firm projected in the last quarter.

"While the challenges facing global economic growth persist — the eurozone crisis, weaker US recovery [and] a slowdown in China — the outlook has at least stabilised," said Richard Gordon, Gartner research vice-president.

"There has been little change in either business confidence or consumer sentiment in the past quarter, so the short-term outlook is for continued caution in IT spending."

Gartner is predicting spending on public Cloud will record strong growth, increasing from US$91 billion (A$89 billion) in 2011 to a predicted US$109 billion (A$107 billion) in 2012. Gartner expects IT spending on Cloud to almost double from 2012 spending to US$207 billion (A$203 billion) by 2016.

Global telecommunication services will continue to dominate IT spending due to growth in internet connections and services increasing in emerging markets and a strong uptake of tablets, gaming devices and other consumer electronic devices.

Gartner also predicts demand for consulting services will continue to remain high due to consulting becoming more technology-based, such as Big Data, impacting on consulting services.

However, global IT spending is still firmly focused on services, with Gartner forecasting a 2.3 per cent increase to US$864 billion (A$848 billion) in 2012.

Follow Stephanie McDonald on Twitter: @stephmcdonald0

Follow Computerworld Australia on Twitter: @ComputerworldAU

Take part in the Computerworld conversation: LinkedIn: Computerworld Australia

• Bookmark this page
• Share this article
  •  
  • facebook
  • slashdot
  • digg
  • Reddit
  • stumbleupon
  • linkedin
  • twitter
• Got more on this story? Email TechWorld
• Follow TechWorld on twitter

• Share
  Share this article1

  •  google+
  • facebookfacebook
  • slashdotslashdot
  • diggdigg
  • RedditReddit
  • stumbleuponstumbleupon
  • linkedinlinkedin
  • twittertwitter
• print
• email
• Bookmark