Gartner forecasts generative AI to drive increase in global IT spending in 2025

Worldwide IT spending is projected to reach $5.74 trillion in 2025, marking a 9.3% increase from the previous year, according to the latest forecast from Gartner Inc., a research and consulting firm. The report attributes this growth largely to advancements in generative AI (GenAI), alongside increased investments in software and IT services. “Current spending on … Continue reading Gartner forecasts generative AI to drive increase in global IT spending in 2025