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Worldwide IT Spending Forecast to Grow 0.6% in 2016
January 18, 2016 | Gartner, Inc.Estimated reading time: 3 minutes
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. However, key countries in emerging markets, particularly Brazil and Russia, face escalating political and economic challenges. Organizations in those regions must balance cost cutting with growth opportunities during times of economic concern.
Spending in the IT services market is expected to return to growth in 2016, following a decline of 4.5 percent in 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. The segment will be impacted by the abolition of roaming charges in the European Union and parts of North America. While this will increase mobile voice and data traffic, it will not be enough to counter the corresponding loss of revenue from lost roaming charges and premiums.
More-detailed analysis on the outlook for the IT industry will be presented in the webinar "IT Spending Forecast, 4Q15 Update: What Will Make Headlines in 2016." The complimentary webinar will be hosted by Gartner on January 19 at 11 a.m. EST. During the webinar, Gartner analysts will discuss global IT spending from 2013 through 2019, broken out by devices, data center systems, software, IT services and telecommunication services, before focusing on the near-term opportunities in digital business, the new business models, and the solutions they require.
Gartner's IT spending forecast methodology relies heavily on rigorous analysis of sales by thousands of vendors across the entire range of IT products and services. Gartner uses primary research techniques, complemented by secondary research sources, to build a comprehensive database of market size data on which to base its forecast.
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