Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. While generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending growth. “In 2023Read More…

IT spending in the Middle East and North Africa (MENA) region is forecast to accelerate in 2024, increasing 4% from 2023, according to the latest forecast by Gartner. MENA’s IT spending is projected to total $183.8 billion in 2024, up from $176.8 billion in 2023. In comparison, global IT spending isRead More…

Worldwide government IT spending is forecast to total $589.8 billion in 2023, an increase of 7.6% from 2022, according to Gartner. “Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs to respond with appropriate service delivery mechanisms and organizational accountability,” saidRead More…

All regions worldwide are projected to have positive IT spending growth in 2023, says Gartner Worldwide IT spending is projected to total $4.6 trillion in 2023, an increase of 5.5% from 2022, according to the latest forecast by Gartner. Despite continued global economic turbulence, all regions worldwide are projected toRead More…

Digital transformation spending in the region will accelerate at a compound annual growth rate (CAGR) of 16% over the five-year period, topping $74 billion in 2026 and accounting for 43.2% of all ICT investments made that year. Digital transformation investments in the Middle East, Türkiye, and Africa (META) are setRead More…