Global IT Spending to Top $4.45T in 2022: Gartner

Global information technology spending will rise 5.1% in 2022, topping $4.45 trillion, with communications services the largest segment, increasing 1.3% from 2021 to $1.46 trillion, reported Gartner Tuesday. Despite uncertain impacts from COVID-19's omicron variant, “economic recovery with high expectations for digital market prosperity will continue to boost technology investments,” it said.