Global spending on information technology (IT) in 2026 could increase by 13.5% and exceed $6.3 trillion, according to a press release from research firm Gartner.
“This forecast highlights the accelerated growth of AI infrastructure and advanced memory chip technologies,” said John-David Lovelock, a leading analyst at Gartner. “Investments in data centers are growing rapidly, which in turn is driving increased demand for high-performance computing. This dynamic creates significant growth opportunities for companies supplying AI-optimized processors and technologies.”
The most significant growth this year is expected to come from data center spending—up 55.8% to $788 million.
“Sustained demand combined with limited supply has led to record price increases for high-speed memory chips,” notes Lovelock. “This surge makes the memory segment a profitable area for chip manufacturers.”