Global IT Spending to Increase 4% in 2013, Again in 2014

Written by Felix Richter, Statista.com

Despite difficult economic circumstances global IT spending is expected to increase by 4.1 percent this year. Market research firm Gartner predicts total spending on IT services and hardware to reach $3.8 trillion this year, up from $3.6 trillion in 2012. In 2014 spending is projected to exceed $3.9 billion.

Telecom services account for the lion’s share of global IT spending. Growth in this category is expected to be rather flat, while spending gradually shifts from voice and fixed data services to mobile services.

Devices remain the fastest-growing segment in the IT industry, as sustained strong demand for smartphones and tablets is expected to overcompensate for stalling PC sales. In 2013, total spending on PCs, tablets, mobile phones and printers is expected to reach $718 billion, up 9 percent from 2012.

Today’s chart shows a worldwide IT spending forecast.

Click on graph for larger image.