Worldwide IT spending to increase nearly 10% in 2025: Gartner

Worldwide IT spending is projected to reach $5.61 trillion in 2025, reflecting a 9.8% increase from 2024, according to Gartner’s latest forecast. In India, IT spending is expected to grow by 11.1%, reaching $161.51 billion in the same period.

However, despite the rise in budgets for CIOs, much of the increase is likely to be absorbed by escalating costs, impacting actual IT spending.