Inflation Pumps Up Global IT Spending, Supply Chain Deflates It
May 23, 2022 Timothy Prickett Morgan
This is not a newsflash, but it is a bit crazy out there on Earth right now. Predicting what spending will be in any industry and for any durable good or service is extremely difficult. But, prediction is what humans do, and the prognosticators at Gartner have done their best to try to figure out where IT spending is going to go in the next two years.
As far as they can tell, global IT spending actually rose by a remarkable 9.5 percent to $4.26 trillion in 2021, with spending being particularly brisk for software and devices (which includes PCs, …
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