Analyst Gartner has projected that worldwide IT spending will total $4.6tn in 2023, an increase of 5.5% from 2022. Its latest forecast shows that despite continued global economic turbulence, all regions worldwide are set to achieve IT spending growth in 2023.
According to John-David Lovelock, distinguished vice-president and analyst at Gartner, the economic slowdown has not affected digitisation initiatives significantly: “IT spending will remain strong, even as many countries are projected to have near-flat gross domestic product (GDP) growth and high inflation in 2023.
