About This Statistic
The statistic depicts the (forecast) growth in IT spending worldwide from 2015 to 2020. The data center systems segment grew by 2.9 percent in 2015 compared to the previous year. Following an overall fall of 6 percent between 2014 and 2015, worldwide IT spending is expected to fall slightly percent, from 3,413 billion U.S. dollars to 3,387 billion U.S. dollars, by the end of 2016.
IT spending growth - additional information
Since 2005, worldwide IT spending has risen almost continuously. Projections are optimistic, and the industry is expected to grow even further in next few years, with a forecasted spending of 3.54 trillion U.S. dollars in 2016. Spending on enterprise software, one of the main markets of the industry, is projected to register the biggest growth amongst all IT segments, increasing by around five percent in 2016. Global IT services spending growth is expected to grow at a rather similar rate, varying from 3 to 3.5 percent growth rate. IT services spending worldwide is forecasted to amount to more than 3.5 trillion U.S. dollars by 2016.
Aside from IT services, other important segments for the industry are telecommunication services and devices. Although telecom services and devices are both anticipated to decrease by about seven and six percent respectively from 2014 to 2015, these segments are of extreme importance to the IT industry as a whole. Telecom services has been the most profitable IT segment worldwide since 2012, amounting to almost 1.5 trillion U.S. dollars in 2015. IT devices spending rose to 912 billion U.S. dollars in that same year. Global spending on IT devices is expected to decrease to about 640 billion U.S. dollars in 2016.