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Gartner Forecasts Worldwide IT Spending to Grow 15% in 2027, Totaling $7.35 Trillion

$ITPress releaseOct 21, 2026, 8:30 AM ETRead the release

Gartner forecasts worldwide IT spending to reach $7.35 trillion in 2027, up 15% from 2026 and crossing the $7 trillion mark for the first time. Growth is driven by AI, with data center systems spending projected to grow 55.5% in 2027 to $1,366 billion after 73.8% growth in 2026, and software spending up 14.6% to $1,679 billion.

Key figures

Software 2027
$1,679 billion
Iaas 2027 growth
25.7%
Devices 2027 growth
8.1%
Services 2027 growth
4.9%
Software 2027 growth
14.6%
Data center systems 2027
$1,366 billion
Worldwide it spending 2026
$6.39 trillion
Worldwide it spending 2027
$7.35 trillion
Data center systems 2027 growth
55.5%
Worldwide it spending 2027 growth
15.0%
Communications services 2027 growth
2.9%

AI analysis

Red flags1 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

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