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IT spending last year was $145.4 billion, which was a 9.8% growth over the previous year.
While the forecast for this year is a tad lower in percentage terms from Gartner’s November estimate of 11.2%, in absolute terms the spending is set to increase from $160 billion earlier estimated 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% to $17.9 billion and 11.2% to $30.1 billion, respectively, in 2025.
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