Global IT spending forecast to reach $5.06 trillion in 2024Global IT spending expected to grow 8 percent in 2024 to $5.06 trillion, driven by communication services repricing and generative AI investments.
Massive hyperscaler GenAI spend raises questions on costs | Computer WeeklyGartner forecasts a 7.5% increase in IT spending, with significant growth in datacentre investments driven by demand for generative AI.