Worldwide information technology spending is expected to total $3.49 trillion in 2016, a decline of 0.5 percent, compared with 2015 spending of $3.5 trillion, according to estimates by Gartner Inc. Growth in software spending is expected to show the biggest growth in 2016, rising an estimated 4.2 percent over 2015.
Spending on IT services and data center technology is projected to increase an estimated 2.1 percent, the research firm predicts. At the other end of the spectrum, spending on devices is expected to decline 3.7 percent, while expenditures for communication services is expected to fall 2 percent.
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