BANGALORE: Worldwide IT spending is forecast to total $ 3.54 trillion in 2016, just a 0.6 percent increase over 2015 spending of $ 3.52 trillion, according to a report by Gartner. 2015 saw the largest $ drop in IT spending since the research firm began tracking IT spending. $ 216 billion less was spent on IT in 2015 than in 2014 and 2014 spending levels won’t be surpassed until 2019, the same report said. The rising U.S. dollar was...
to blame for the 2015 results, researchers explained. While U.S. multinationals' revenue faced currency headwinds in 2015, those headwinds go away in 2016 and they can expect an additional 5 percent growth, researchers said.
The devices market (PCs, ultramobiles, mobile phones, tablets and printers) is forecast to decline 1.9 percent in 2016. The combination of economic conditions preventing countries such as Russia, Japan and Brazil from returning to stronger growth, together with a shift in phone spending in emerging markets to lower-cost phones, is overlaid with weak tablet adoption in regions where there was an expectation of growth.
Data centre systems' spending is projected to reach $ 75 billion in 2016, a 3.0 percent increase from 2015. Spending in the IT services market is expected to return to growth in 2016, following a decline of 4.5 percent in 2015. IT services spending is projected to reach 940 billion in 2016, up 3.1 percent from 2015. This is due to accelerating momentum in cloud infrastructure adoption and buyer acceptance of the cloud model. Telecom services spending is projected to decline 1.2 percent in 2016, with spending reaching $ 1.454 trillion. The segment will be impacted by the abolition of roaming charges in the European Union and parts of North America. While this will increase mobile voice and data traffic, it will not be enough to counter the corresponding loss of revenue from lost roaming charges and premiums, researchers said.
The devices market (PCs, ultramobiles, mobile phones, tablets and printers) is forecast to decline 1.9 percent in 2016. The combination of economic conditions preventing countries such as Russia, Japan and Brazil from returning to stronger growth, together with a shift in phone spending in emerging markets to lower-cost phones, is overlaid with weak tablet adoption in regions where there was an expectation of growth.
Data centre systems' spending is projected to reach $ 75 billion in 2016, a 3.0 percent increase from 2015. Spending in the IT services market is expected to return to growth in 2016, following a decline of 4.5 percent in 2015. IT services spending is projected to reach 940 billion in 2016, up 3.1 percent from 2015. This is due to accelerating momentum in cloud infrastructure adoption and buyer acceptance of the cloud model. Telecom services spending is projected to decline 1.2 percent in 2016, with spending reaching $ 1.454 trillion. The segment will be impacted by the abolition of roaming charges in the European Union and parts of North America. While this will increase mobile voice and data traffic, it will not be enough to counter the corresponding loss of revenue from lost roaming charges and premiums, researchers said.
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