Global tech spending will grow to $4.9 trillion in 2025, driven by cybersecurity, cloud, and genAI; we forecast tech spending growth by category, industry, and country.

Michael O'Grady

 

US tech spend, including CIO staff spending, reaches $2.6 trillion in 2025, with robust 5.6% growth driven by cybersecurity, cloud, and genAI.

Michael O'Grady

 

Although uncertainty surrounds the policies of the new administration, various factors will likely drive US economic growth.

Michael O'Grady

 

By 2030, off-the-shelf AI governance software spend will more than quadruple from 2024 to capture 7% of AI software spend and reach $15.8 billion.

Michael O'Grady

, 

Michele Goetz

 

The digital economy will see 7% CAGR from 2023 to 2028, capture 17% of global GDP, and reach $16.5 trillion; almost two-thirds will come from the US and China.

DH

Michael O'Grady

, 

David Hoffman

,  Ian Jacobs  

Global IT service industry spend will reach $2 trillion by 2028, and infrastructure as a service will see the fastest growth, with spend doubling over the next five years.

Michael O'Grady

, 

Ted Schadler