
Gartner has forecast worldwide IT spending will reach $5 trillion in 2024, marking a healthy 6.8% increase over 2023, though slightly lower than the firm’s initial projection of around 8%.
Despite a lot of interest in artificial intelligence over the last 12 months, its impact on IT spending could be less than we might think, according to John-David Lovelock, Distinguished VP Analyst at Gartner.