Gartner Sees 2022 IT Device Spending of $821B Globally

Global information technology spending will approach $4.5 trillion in 2022, increasing 5.5% from 2021, reported Gartner Wednesday. This assumes 2.3% growth in device spending to nearly $821 billion, it said. Global spending growth on devices is expected to spike 15.1% higher this year as remote work, telehealth and remote learning take hold, but Gartner expects 2022 will still show an uptick in enterprises that upgrade devices or invest in multiple devices “to thrive in a hybrid work setting.”