IT Spending to Reach $3.7 Trillion in 2013: Gartner
Spending on PCs, tablets, mobile phones, printers and other devices is forecast to reach $666 billion in 2013Enterprise software spending, mobile data and device spending are expected to drive worldwide IT spending to $3.7 trillion in 2013, a 4.2 percent increase from 2012 spending of $3.6 trillion, according to the latest Worldwide IT Spending Forecast by IT research firm Gartner. Worldwide enterprise software spending is forecast to total $296 billion in 2013, a 6.4 percent increase from 2012, driven by key markets such as security, storage management and customer relationship management. However, the report noted that beginning in 2014, markets aligned to big data and other information management initiatives, such as enterprise content management, data integration tools, and data quality tools will begin to see increased levels of investment. On the hardware side, spending on PCs, tablets, mobile phones, printers and other devices is forecast to reach $666 billion in 2013, up 6.3 percent from 2012, but a notable reduction in the outlook for 2013 compared with Gartner's previous forecast of $706 billion in worldwide devices and 7.9 percent growth. Gartner analysts reduced long term device market growth prospects as well, with growth from 2012 through 2016 now expected to average 4.5 percent annually in current U.S. dollars (down from 6.4 percent) and 5.1 percent annually in constant dollars (down from 7.4 percent), due to a sharp reduction in the forecast growth in spending on PCs and tablets that will be only partially offset by marginal increases in spending on mobile phones and printers.
"The tablet market has seen greater price competition from Android devices as well as smaller, low-priced devices in emerging markets," Gartner managing vice president Richard Gordon said in a statement. "It is ultimately this shift toward relatively lower-priced tablets that lowers our average selling prices forecast for 2012 through 2016, which in turn is responsible for slowing device spending growth in general, and PC and tablet spending growth in particular."