Mobile phones and tablets are not compensating for declining PC sales as quickly as anticipated, leading to an overall tamping down of global IT investments for 2013, according to a revised forecast from Gartner Research.

Gartner estimated enterprise IT spending at $3.7 trillion by the end of this year, a 2 percent increase from 2012’s final estimate. That growth amount is down from the 4.1 percent Gartner forecast at the end of last fiscal quarter, with the main culprits being fluctuations in global exchange rates and, more notably, reductions in device spending. Gartner’s 2013 estimates for global device spending, which includes PCs and all types of phones, was cut from 7.9 percent growth to 2.8 percent, which would put it just shy of $700 billion. Enterprise device spending topped 10 percent growth last year and Gartner still slates a 6.5 percent boost in device spending in 2014. However, even with new devices set to be released in the second half of this year, “they will fail to compensate for the underlying weakness of the traditional PC market,” Gartner analysts wrote in a summary of their forecast. Device spending has also taken a hit from SaaS and changes to expectations for digital content creation and operating systems. This year, tablet revenue is anticipated to growth 38.9 percent and mobile phone revenue is expected to grow 9.3 percent.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access