Global IT spending to increase to A$3.5 trillion

Gartner is predicting Cloud spending will almost double from 2012 to 2016 to US$207 billion

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

Join the Computerworld Australia group on Linkedin. The group is open to IT Directors, IT Managers, Infrastructure Managers, Network Managers, Security Managers, Communications Managers.

More about: Gartner
References show all
Comments are now closed.
Related Whitepapers
Latest Stories
Community Comments
Whitepapers
All whitepapers

Google will push mobile app installs in search and YouTube

READ THIS ARTICLE
DO NOT SHOW THIS BOX AGAIN [ x ]
Sign up now to get free exclusive access to reports, research and invitation only events.

Computerworld newsletter

Join the most dedicated community for IT managers, leaders and professionals in Australia