October 23, 2012 – Enterprise mobile and as-a-service adoption are expected to keep vendor sales trending upward over the next few years, as transportation, insurance and banking in particular increase their IT investments, according to a new market forecast from Gartner Research.

Gartner’s review of IT spending through the rest of this year and into 2016 was relatively consistent with estimates the firm made earlier in the year. The forecast for spending growth this year is on track with estimates made last quarter by the research firm, with worldwide IT spending to reach approximately $3.6 trillion this year, only 1.7 percent growth over a boom spending year in 2011. Boosts in device spending, data center systems, IT services and enterprise software in 2013 are expected to make up for the lagging telecommunication sector, and Gartner foresees $3.72 trillion in total global IT spending, a 3.8 percent increase from this year. With single-digit cumulative growth expected over the next few years, Gartner predicts global IT spending will hit $4.19 trillion by 2016.

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