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-Gartner Says Global IT Spending to Grow 0.6% in 2019

Jul 11, 2019 - ENP Newswire

Worldwide IT spending is projected to total $ 3.74 trillion in 2019, an increase of 0.6% from 2018, according to the latest forecast by Gartner, Inc.

This is slightly down from the previous quarter's forecast of 1.1% growth.

'Despite uncertainty fueled by recession rumors, Brexit, trade wars and tariffs, we expect IT spending to remain flat in 2019,' said John-David Lovelock, research vice president at Gartner. 'While there is great variation in growth rates at the country level, vir...