Gartner: Worldwide IT spending on pace to surpass USD 3.6 trillion this year

Worldwide IT spending is on pace to reach USD 3.6 trillion in 2012, a 3 percent increase from 2011 spending of USD 3.5 trillion, according to the latest outlook by Gartner, Inc.

“While the challenges facing global economic growth persist — the eurozone crisis, weaker US recovery, a slowdown in China – the outlook has at least stabilized,” said Richard Gordon, research vice president at Gartner. “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.”

However, there are some bright spots for IT providers. In contrast to the rather lackluster growth outlook for overall IT spending, Gartner expects enterprise spending on public cloud services to grow from USD 91 billion worldwide in 2011 to USD 109 billion in 2012.

By 2016, enterprise public cloud services spending will reach USD 207 billion.

“Business process as a service (BPaaS) still accounts for the vast majority of cloud spending by organizations, but other areas such as platform as a service (PaaS), software as a service (SaaS) and infrastructure as a service (IaaS) are growing faster,” said Gordon.

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Worldwide IT services spending is forecast to reach USD 864 billion in 2012, a 2.3 per cent increase from 2011.

The global telecom services market continues to be the largest IT spending market, set to reach USD 1.68 trillion this year.

Telecom services growth is expected to come not only from net connections, especially in emerging markets, but also in mature markets from the uptake of multiple connected devices, such as media tablets, gaming and other consumer electronics devices.

 Otilia Haraga