Worldwide IT spending forecast to grow 0.6% in 2016, says Gartner

Worldwide IT spending is forecast to total US$3.54 trillion in 2016, just a 0.6% increase over 2015 spending of US$3.52 trillion, according to Gartner. 2015 saw the largest US dollar drop in IT spending since Gartner began tracking IT spending. US$216 billion less was spent on IT in 2015 than in 2014 and 2014 spending levels will not be surpassed until 2019.

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