So, What’s Your IT Budget for 2016?

9 years ago

Gartner Says Worldwide IT Spending is Forecast to Grow 0.6 Percent in 2016

Worldwide IT spending is forecast to total $3.54 trillion dollars in 2016, just a 0.6 percent increase over 2015 spending of $3.52 trillion dollars, according to Gartner. 2015 saw the largest U.S. dollar drop in IT spending since Gartner began tracking IT spending.

“The rising U.S. dollar is the villain behind 2015 results,” said John-David Lovelock, research VP at Gartner. “U.S. multinationals’ revenue faced currency headwinds in 2015. However, in 2016 those headwinds go away and they can expect an additional 5 percent growth.”

The devices market is forecast to decline 1.9 percent in 2016. Ultramobile premium devices are expected to drive the PC market forward with the move to Windows 10 and Intel Skylake-based PCs. Gartner has slightly reduced the speed of adoption over the forecast period.

Data center systems’ spending is projected to reach $75 billion in 2016, a 3.0 percent increase from 2015. The worsening economic environment in emerging markets has had little effect on the global enterprise software spending forecast for 2016, with IT spending on pace to total $326 billion, a 5.3 percent increase from 2015. IT services spending is projected to reach 940 billion in 2016, up 3.1 percent from 2015. This is due to accelerating momentum in cloud infrastructure adoption and buyer acceptance of the cloud model.

Telecom services spending is projected to decline 1.2 percent in 2016, with spending reaching $1,454 trillion.