Enterprise software and IT services are expected to exhibit strongest growth with 9.4 per cent ($387 billion) and 5.3 per cent ($980 billion) respectively.
The Devices segment, Data Centre Systems and Communications Services are expected to grow by 5 per cent, 1.8 per cent and 2.2 respectively to reach $697 billion, $176 billion and $1,417 billion spending.
According to Gartner, there are 10 markets within these segments which will make up for most of the IT spending forecast, which includes three Cloud segments -- Infrastructure-as-a-Service (IaaS), integrated-Platform-as-a-Service (iPaas) and communications-Platform-as-a-Service (cPaaS).
"Global IT spending is showing little overall growth, as are traditional markets. These top 10 markets will be the key to remaining relevant and achieving growth in the future," said John-David Lovelock, Research Vice President, Gartner, in a statement.
The other markets include technologies that enhance the digital workplace, such as workstream collaboration, workforce analytics and video message-oriented middleware (MOM), security (endpoint detection and response), analytics (smart data discovery) and storage (in-memory data grids).
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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