worldwide spending in the tech industry is expected to increase more than 5 percent annually in 2023. The global IT market is projected to reach $4.6 trillion this year, up from $4.4 trillion in ...

With global spending on the technology industry expected to reach $5.74 trillion in 2025, CRN breaks down the five largest markets that will reap the most revenue next year, according to new data ...

However, the current pace of AI investment is unlikely to be sustained beyond 2025, suggesting potential shifts in the industry landscape in the years to come. Spending on hardware is also ...

IT spending showed a consistent positive trajectory, marking a significant rebound from the previous year's challenges. Read ...

Gartner forecast worldwide IT spending would reach $5.6 trillion in 2025, a 9.8 per cent year-on-year increase. The research company stated generative AI (genAI) hardware upgrades across data centres, ...

Despite the time it’s taking to recover, those in the IT industry will no doubt be glad to see that Gartner has raised its expectations for spending this year.

Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of ...

Artificial intelligence to accelerate IT spending in 2025 By Sibahle Malinga, ITWeb senior news journalist.Johannesburg, 20 Jan 2025US tariffs on technology imports could seriously constrain IT ...

AI is leading US consumers towards a tech spending bonanza this year if tariffs don't materialize, new research from the Consumer Technology Association finds.

“AI spending, while robust today, has the potential to turn the tech industry more volatile longer term, should AI-related revenue growth fail to meet expectations and hyperscalers ‘pause ...