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Global IT spending to remain flat in 2016: Gartner

new delhi: Worldwide IT spending is forecast to be flat at $3.41 trillion in 2016, up from last quarter’s forecast of a negative 0.5% growth, research firm Gartner

Published on: Jul 08, 2016 06:10 AM IST
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new delhi: Worldwide IT spending is forecast to be flat at $3.41 trillion in 2016, up from last quarter’s forecast of a negative 0.5% growth, research firm Gartner said on Thursday. The change in the forecast is mainly due to currency fluctuations, it said in a statement. “The current forecast assumes that the UK would not exit the European Union. With the UK’s exit, there will likely be an erosion in business confidence and price increases which will impact the UK, Western Europe and worldwide IT spending,” Gartner Research vice-president John-David Lovelock said.

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