
The tech industry thrived over the past two years, thanks to the pandemic-driven acceleration in digital transformation, the shift to remote working, and the rapid adoption of advanced technologies such as the cloud, everything-as-a-service (XaaS), and edge intelligence to ramp up capabilities.
According to Gartner, worldwide IT spending is projected to reach $4.40 trillion in 2022, indicating an increase of 4% from 2021.