How much is spent on IT globally?

What is the average IT spend by industry?

Will there be an increase in spending by the IT industry in 2022?

Swipe up to know what Gartner's forecast reveals about global IT spending.

What is the Gartner forecast?

As per the forecast, the IT industry will to grow by 5.5% in 2023 compared to 2022.

IT companies will increase the cost of their products and services to accommodate the rising cost of hiring talent.

There will be an increase of 4% in the global IT spending.

The overall IT spending will increase from $4,259,773 in 2021 to $4,431,646 in 2022.

Swipe up to know:

- The effect of Russia's invasion of Ukraine on the global IT spending

- The effect of COVID on the global IT spending

- And, is this upward trend short-term or long-term?