IT spending forecast to hit $3.7 trillion in 2013

IT spending forecast to hit $3.7 trillion in 2013

Worldwide spending on IT is expected to hit the $3.7 trillion mark this year, up by 4.2 per cent on 2012, according to research firm Gartner.

The latest forecast from the firm indicates that organisations look set to build on last year's outlay of $3.6 trillion, with the majority of the increase in spending set to come about through projected gains in the value of foreign currencies against the US dollar.

A constant dollar projection shows that spending growth this year will sit at 3.9 per cent. Gartner believes around $666 billion will be spend on devices, such as tablets, laptops and smartphones.

Around $147 billion is set to be splashed out on data centre systems, while enterprise software will see a 6.4 per cent growth in spending, to around $269 billion.

Richard Gordon, managing vice president at Gartner, said: "Uncertainties surrounding prospects for an upturn in global economic growth are the major retardants to IT growth."

He explained this uncertainty has caused some pessimism in terms of business sentiment around the world, but Mr Gordon noted much of this is nearing a resolution, which has the potential to create accelerated spending growth in 2013 when compared to 2012.

Despite the expected $666 billion outlay on devices, the figure is down on Gartner's previous predictions. This is also reflected in the long-term forecast for worldwide spending in this area, with growth per year between 2012 and 2016 expected to average 4.5 per cent, rather than the 6.4 per cent predicted in earlier research.

"The tablet market has seen greater price competition from android devices as well as smaller, low-priced devices in emerging markets. It is ultimately this shift toward relatively lower-priced tablets that lowers our average selling prices forecast for 2012 through 2016, which in turn is responsible for slowing device spending growth in general, and PC and tablet spending growth in particular," Mr Gordon added.

The firm also predicted a rapid growth in mobile data consumption, driven by a rise in the bring your own device (BYOD) trend, with Gartner forecasting that mobile data would represent 33 per cent of the total telecom services market, up from 22 per cent in 2012.