Get ready for the next wave of digital transformation! IT spending is projected to hit $3.8 trillion in 2019, with a shift from ownership to service leading the way. Find out more about this game-changing trend in the latest forecast by Gartner.
According to the latest forecast released by Gartner, Inc., global IT spending is projected to reach $3.8 trillion in 2019, representing a 3.2% increase compared to the estimated $3.7 trillion in 2018. This continued growth underscores the strategic importance of IT investments, even amid external economic pressures such as currency volatility and the potential escalation of global trade tensions.
The forecast highlights a fundamental structural shift in how organizations consume technology—moving away from traditional ownership-based models toward service-oriented consumption. This transition is impacting virtually every industry, as enterprises prioritize agility, scalability, and cost optimization over long-term capital investments. Rather than owning and maintaining infrastructure and software, organizations are increasingly leveraging managed services, cloud platforms, and subscription-based solutions.
As part of this broader trend, enterprises are accelerating their digital transformation initiatives and adopting “pay-for-use” models that align technology costs more closely with actual business demand. This approach enables greater financial flexibility, faster innovation cycles, and improved responsiveness to market dynamics. By consuming IT as a service, organizations are better positioned to adapt to the continuous and rapid changes inherent in digital business, while minimizing risk and optimizing return on investment.