The global information technology (IT) spending on devices, including PCs, tablets, mobile phones, printers, as well as data center systems, enterprise software, and communications services came to 4.26 trillion U.S. dollars in 2021 and is expected to increase to around 4.43 trillion U.S. dollars in 2022.
IT services and communication services take the largest share of spending
Both IT services and communication services receive the largest amounts of investments, as these segments include a large array of different services and tools that remain cornerstones to different business functions. For example, different unified communication services are vital to connecting employees virtually and therefore enhance business productivity.
Spending on IT segments accelerates digital transformation
In general, spending on the different IT segments is expected to grow, accelerating digital transformation across various industries. Digital transformation encompasses the utilization of artificial intelligence, process automation, and moving data to the cloud, for example. These processes are empowered by strategic spending on and deployment of different information technologies.
Information technology (IT) spending forecast worldwide from 2012 to 2023, by segment
(in billion U.S. dollars)
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Gartner. (April 6, 2022). Information technology (IT) spending forecast worldwide from 2012 to 2023, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 18, 2022, from https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner. "Information technology (IT) spending forecast worldwide from 2012 to 2023, by segment (in billion U.S. dollars)." Chart. April 6, 2022. Statista. Accessed August 18, 2022. https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner. (2022). Information technology (IT) spending forecast worldwide from 2012 to 2023, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 18, 2022. https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner. "Information Technology (It) Spending Forecast Worldwide from 2012 to 2023, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Apr 2022, https://www.statista.com/statistics/268938/global-it-spending-by-segment/
Gartner, Information technology (IT) spending forecast worldwide from 2012 to 2023, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/268938/global-it-spending-by-segment/ (last visited August 18, 2022)