Gartner Predicts Global IT Spending to Grow 3.2 Percent in 2019
CEO Insights Team
John David Lovelock, Research Vice President, Gartner, says, “While currency volatility and the potential for trade wars are still playing a part in the outlook for IT spending, it is the shift from ownership to service that is sending ripples through every segment of the forecast. What this signals, for example, is more enterprise use of cloud services — instead of buying their own servers, they are turning to the cloud. As enterprises continue their digital transformation efforts, shifting to ‘pay for use’ will continue. This sets enterprises up to deal with the sustained and rapid change that underscores digital business.”
PCs, laptops and tablets have reached a new equilibrium state. These markets currently have stable demand from consumers and enterprises. Vendors have only subtle technology differentiation, which is pushing them to offer PC as a Service (PCaaS) in order to lock clients into multiyear recurring revenue streams and offer new bundles service options
“PCs, laptops and tablets have reached a new equilibrium state. These markets currently have stable demand from consumers and enterprises. Vendors have only subtle technology differentiation, which is pushing them to offer PC as a Service (PCaaS) in order to lock clients into multiyear recurring revenue streams and offer new bundles service options,” Lovelock adds.
Gartner’s IT spending forecast methodology relies hugely on the analysis of sales by thousands of vendors across the entire range of IT products and services. It uses primary research techniques, complemented by secondary research sources, to build a comprehensive database of market size data on which to base its forecast. The quarterly IT spending forecast delivers a unique perspective on IT spending across the hardware, software, IT services and other segments.
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