In one of its latest reports Gartner, the world’s leading IT research and advisory company, stated about the growth in worldwide IT spending in 2010 which is expected to reach $3.4 trillion by the end of this year - a 4.6% increase from 2009.
The projected growth reveals the significant improvement from the previous year (4.6% decline in 2009) and is expected across all major segments – computer hardware, IT services, software, telecom, and telecom services.
Worldwide IT spending forecast (shown for Software & IT Services):
| 2009 Spending bln USD |
Growth, % | 2010 Spending bln USD |
Growth, % | |
|---|---|---|---|---|
| Software | 220.7 | - 2.1 | 231.5 | 4.9 |
| IT Services | 780.9 | - 3.5 | 824.2 | 5.6 |
Source: Gartner (January 2010)








