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Global IT spending will increase by 5.5% in 2023 to $4.6 trillion

Global economic uncertainty has also caused a real dance of figures to take place in recent times in relation to the different IT sectors. In fact, these forecasts can change substantially depending on who and when they are made.

One of the latest, has been that of the technological analyst Gartner that although it was somewhat more pessimistic in its latest predictions, in the latter it dissipates the horizon of chiaroscuro and the IT sector, it seems, returns to positive paths.

In fact, Gartner raises growth for 2023 by 5.5% or what is the same: a total expense of 4.6 trillion dollars. Driven above all by software and services that counteract the loss of strength of other products. Figures that will exceed the 3% growth of 2022.

worth noting the robust growth of data center systems, which in turn includes servers, systems based on internal controllers and network equipment, among others. In this sense, Gartner predicts year-on-year growth of 8.4% and, specifically, data centers as a whole will do so by 3.7% in 2023.

The categories that will increase the most

And all this, despite the fact that as the report points out, data center providers are still trying to get out of the supply chain issues. “The number would have been even higher if manufacturers had been able to build more, spend more and ship more,” he points out.

The software category is also expected to post by far the highest year-over-year growth numbers in Gartner’s forecast, at 12.3%. Largely driven by business intelligence and analytics, as well as custom applications for work environments.

From among all, the only category projected to shrink in size this year is endpoint devices, which will present a negative rate of 4.6%. The problem is that most of the market is highly saturated. And users have no particular reason to buy new devices or upgrade existing ones at the moment.

The report brings to the table a hot topic around the world: inflation. In fact, This has reduced the purchasing power of consumers, which is delaying the aforementioned replacement. It is also worth taking into account the notable spending spikes in 2020 and 2021 as a result of the demands for teleworking due to the Covid-19 pandemic around the world.

He cloud market will also increase in 2023, driven, for the first time, by rising prices. While the cloud narrative since the technology’s widespread adoption in the 2010s has primarily been one of scalability and builds leading to lower prices, rising labor and energy baskets will ultimately help push prices higher. rise.

The report highlights how “there are likely to be some sellers raising their prices this year as they try to contain rising costs (…) over the next three years, part of the increase in spending will be on a price increase, not on an increase in use.

Despite these general economic forecasts – which could also change in a short period of time – the growth of IT spending will continue to increase in the future, according to Gartner. In fact, it has already advanced a positive figure for 2024: 8.6%.

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