"Worldwide IT Spending to Total $3.9 Trillion in 2020"

In a new study conducted by Gartner, researchers found that worldwide IT spending will total $3.9 trillion in 2020, an increase of 3.4% from 2019.  Global IT spending is going to be around $4 trillion in 2021. Researchers also discovered that the fastest-growing major market this year is going to be software, reaching double-digit growth at 10.5 percent. The researchers also concluded that Enterprise IT spending is going to be more focused on cloud-based offerings then traditional (non-cloud) IT offering through 2022. 

Help Net Security reports: "Worldwide IT Spending to Total $3.9 Trillion in 2020"