Increased IT spending marred by industry price hikes

Increased IT spending marred by industry price hikes
itpro.com

by George Fitzmaurice • 10 days ago

Worldwide IT spending is projected to reach $5.61 trillion in 2025, growing 9.8% from 2024, but much of this increase will be offset by rising prices, according to Gartner. Data center systems will experience the highest growth at 23.2%. While CIOs’ budgets are increasing, many are adjusting expectations due to price hikes. Notably, spending on AI-optimized servers is expected to exceed traditional server investments, reflecting ongoing changes in technology adoption.

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