Global IT spending in 2023 dragged down by device sale letdown
Worldwide IT spending forecast in millions of US dollars
Worldwide IT spending forecast in millions of US dollars
2023 Spending (USD)
2023 Growth (%)
2024 Spending (USD)
2024 Growth (%)
Data Center Systems
243,063
7.1
261,332
7.5
Devices
699,791
−8.7
732,287
4.6
Software
913,334
12.4
1,029,421
12.7
IT Services
1,381,832
5.8
1,501,365
8.7
Communications Services
1,440,827
1.5
1,473,314
2.3
Overall IT
4,678,847
3.3
4,997,718
6.8