Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner. “While budgets for CIOs are increasing, a significant portion will merely offset price increases within their recurrent spending,” said John-David Lovelock, Distinguished VP Analyst at Gartner. “ThisRead More…
Worldwide IT spending is expected to total $5.74 trillion in 2025, an increase of 9.3% from 2024, according to the latest forecast by Gartner. “Current spending on generative AI (GenAI) has been predominantly from technology companies building the supply-side infrastructure for GenAI,” said John-David Lovelock, Distinguished VP Analyst at Gartner. “CIOs will beginRead More…
IT spending in the Middle East and North Africa (MENA) region is forecast to total $193.7 billion in 2024, an increase of 5.2% from 2023, according to the latest forecast by Gartner, Inc. The annual growth is down from 6.6% growth in 2023.Read More…
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…
IT Spending in Middle East and North Africa Will Return to Growth in 2023 IT spending in the Middle East and North Africa region is forecast to total $178.1 billion in 2023 growing 3.1% from 2022, according to Gartner. Worldwide IT spending is projected to total $4.6 trillion in 2023,Read More…
IT spending in the Middle East and North Africa (MENA) is projected to total $171 billion in 2021, an increase of 4.5% from 2020, according to the latest forecast by Gartner.Read More…
Overall spending on ICT in Saudi Arabia is set to reach $32.9 billion this year, up 1.5% on 2020. That’s according to the latest predictions revealed by IDC as it hosted the region’s most influential ICT industry figures online for the virtual edition of IDC Directions Middle East, Turkey &Read More…
IT spending in the Middle East and North Africa (MENA) will total $160 billion in 2020, an increase of 2.4% from 2019, according to Gartner.Read More…
