Gartner.
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While this is a tad lower in percentage terms from its November forecast of 11.2%, in absolute terms, the spending is set to increase from the earlier estimate of $160 billion for 2025.
In comparison, the worldwide IT spending is estimated to increase by 9.8% to $5.61 trillion in 2025, up from $5.11 trillion in 2024.
In India, software and IT services are major drivers of IT spending growth, increasing 16.9% and 11.2% to $17.9 billion and $30.1 billion in 2025, respectively.
While at a lower base, spending on data centre systems is expected to almost double in percentage terms at 19.1% this year to $5 billion, up from $4.2 billion last year when it grew 10.3%, data from Gartner showed.
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