The growth of tablet and other new internet connected consumer technologies are driving the worldwide IT spend as industry clamps up in the recession.
Worldwide IT spending is due to pass $3.6 trillion in 2012, a 3% increase on last year, according to Gartner research.
This is above the firm’s own assessment of a 2.5% increase, which has been driven by increase IT spending in telecommunications firms.
The global telecom services market continues to be the largest IT spending market, but its growth is slowing. After 6% growth last year to $1.66 trillion, 2012 is expected to be just $1.67 – an increase of 1.4%. Telecom services growth is expected to come not just from increasing internet connections, but the growth of consumer electronics devices such media tablets, gaming and ‘the internet of things’.
By way of comparison, traditional IT services grew by 7.7% to $845bn last year, and will grow by just 2.3% this year to $864bn. Demand for consulting remains high, but the rise of analytics and big data, is having implications on these figures.
In contrast to the rather lacklustre growth outlook for overall IT spending, Gartner expects enterprise spending on public cloud services to grow from $91bn worldwide in 2011 to $109bn in 2012, with a long term projection of $207bn by 2016.
"Business process as a service (BPaaS) still accounts for the vast majority of cloud spending by enterprises, but other areas such as platform as a service (PaaS), software as a service (SaaS) and infrastructure as a service (IaaS) are growing faster," said Richard Gordon, research vice president.