Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock • 2 min read
Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner has downgraded its predictions for 2023 global IT spending as inflation continues to erode consumer purchasing power and shrink device budgets. The analyst house now expects $4.5trn to b...

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