Gartner Raises 2013 WW IT Spending Forecast

Gartner Forecasts Worldwide IT Spending to Reach $3.7 Trillion in 2013

Worldwide IT spending in 2013 will increase by 4.2 percent from 2012, totaling $3.7 trillion, according to the forecast released on Thursday by Gartner.
Gartner has improved its outlook on global IT spend for 2013, which it predicted to increase only 3.8 percent in its forecast released in Q3 2012.
The spending increase can be attributed to projected gains in the value of foreign currencies versus the US dollar, Gartner said. Without this consideration, 2013 spending growth is forecast at 3.9 percent.
Aside from the gains in currency value, another contributing factor to increased worldwide IT spending is the fact that IT departments are no longer the gatekeeper of technology spending within enterprises. By 2020, Gartner predicts technology spending outside of IT to account for 90 percent of total technology spend.
Gartner’s Worldwide IT Spending Forecast takes into account technology trends across hardware, software, IT services and telecom markets.
Spending on enterprise software is forecast to reach $296 billion in 2013, a 6.4 percent increase from 2012. Enterprises will focus their budgets on security, storage management and customer relationship management through 2013, and will increase investments in big data initiatives in 2014.
Investment in data center systems will reach $147 billion in 2013, up 4.5 percent from 2012, and IT services will see a 5.2 percent increase in spending to $927 billion this year.
While mobile technology spend appears to be missing from the analysis, device spending (which includes PCs, tablets, mobile phones, and printers) is expected to reach $666 billion in 2013. Mobile research group Yankee Group expects the mobile market to be a $3 trillion market opportunity by 2016.
“Uncertainties surrounding prospects for an upturn in global economic growth are the major retardants to IT growth,” said Richard Gordon, managing vice president at Gartner. “This uncertainty has caused the pessimistic business and consumer sentiment throughout the world. However, much of this uncertainty is nearing resolution, and as it does, we look for accelerated spending growth in 2013 compared to 2012.”


Gartner raises worldwide IT spending forecast for 2013

Worldwide IT spending is projected to total USD 3.7 trillion in 2013, up 4.2 percent increase from 2012 spending of USD 3.6 trillion, according to Gartner. The market researcher revised upwards its 2013 outlook for IT spending growth from 3.8 percent in the Q2 2012 forecast.
Worldwide devices spending, which includes PCs, tablets, mobile phones and printers, is forecast to reach USD 666 billion in 2013, up 6.3 percent. However, this is a significant reduction in the outlook for 2013 compared with Gartner’s previous forecast of USD 706 billion in worldwide devices and 7.9 percent growth. The long-term forecast for worldwide spending on devices has been reduced as well, with growth from 2012 through 2016 now expected to average 4.5 percent annually (down from 6.4%) and 5.1 percent annually in constant dollars (down from 7.4%).
Worldwide enterprise software spending is forecast to total USD 296 billion in 2013, a 6.4 percent increase from 2012. This segment will be driven by key markets such as security, storage management and customer relationship management.
The global telecom services market continues to be the largest IT spending market. Gartner analysts predict that growth will be predominantly flat over the next several years as revenue from mobile data services compensates for the declines in total spending for both fixed and mobile voice services markets. By 2016, Gartner forecasts that mobile data will represent 33 percent of the total telecom services market, up from 22 percent in 2012.–916900