Gartner Forecasts Global IT Spending to Rise 15% to $7.35 Trillion in 2027

• Gartner forecasts worldwide IT spending will rise 15% to USD 7.35 trillion in 2027, driven by accelerating AI investment.
• Data center systems spending is projected to jump 55.5% to USD 1.37 trillion.
• Software spending is forecast to grow 14.6% to USD 1.68 trillion.
• Infrastructure-as-a-service spending is expected to increase 25.7% to USD 367 billion.
• Memory-driven hardware inflation is expected to persist through 2027, supporting spending growth while affordability pressures suppress end-user demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gartner Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610210830BIZWIRE_USPR_____20261021_BW492736) on October 21, 2026, and is solely responsible for the information contained therein.