Global IT spending should surpass the $7 trillion mark in 2028 as companies invest more into generative AI, but its capabilities may fall short of expectations, according to research from Gartner. Gartner also breaks down the spending trends. Software spend is expected to increase 14% to $1.23 trillion in 2025. Meanwhile, IT services is expected to grow 9.4% to $1.73 trillion in 2025.
Global IT spending should surpass the $7 trillion mark in 2028 as companies invest more into generative AI, but its capabilities may fall short of expectations, according to research from Gartner. Gartner also breaks down the spending trends. Software spend is expected to increase 14% to $1.23 trillion in 2025. Meanwhile, IT services is expected to grow 9.4% to $1.73 trillion in 2025.