Yearly growth forecast IT spending worldwide 2016-2021

The statistic depicts the forecast growth in IT spending worldwide from 2015 to 2021. Spending on enterprise software and related technology is forecast to decline by 3.6 percent in 2020, while the overall IT spending is expected to decline by 5.4 percent, reaching 3.61 trillion U.S. dollars, due to the impact of the coronavirus (COVID-19) pandemic. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Projected yearly growth in information technology (IT) spending worldwide from 2016 to 2021, by segment

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Source

Release date

October 2020

Region

Worldwide

Survey time period

2016 to 2020

Supplementary notes

*Forecast

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