Friday, 13 January 2017

Global IT spending to grow 2.7% in 2017

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Global IT spending is projected to reach $3.5 trillion in 2017, a 2.7 per cent increase from 2016. Worldwide devices spending (PCs, tablets, ultramobiles and mobile phones) is projected to remain flat in 2017 at $589 billion, 2017 was poised to be a rebound year in IT spending. 

However, some of the political uncertainty in global markets has fostered a wait-and-see approach causing many enterprises to forestall IT investments. However, a replacement cycle in the PC market and strong pricing and functionality of premium ultramobiles will help drive growth in 2018.

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