Global spending on information and communication technologies (ICT) in 2026 will increase by 10% and reach $4 trillion, forecasts the analytical organization International Data Corporation (IDC). At the same time by 2029 the indicator may grow to $6 trillion.
The largest category of expenditures in the current year will be software – this article will account for more than a third of all costs, according to IDC analysts. At the same time, the hardware category will show the highest growth rates, in the neighborhood of 15%.
The main sectors in terms of investment in ICT will be information services and software, banking and retail. Together they will account for over $1 trillion in spending. About $2 trillion will be spent in the U.S., with Western Europe spending $908 billion and China spending $355 billion.
ICT, information and communication technologies
