IT Spending Market Size, Share, Trends and Report - 2034

  IT Spending Market Outlook According to the report by Expert Market Research (EMR), the global IT spending market attained a value of USD 3.88 trillion in 2024 . Aided by the increasing digital transformation initiatives across industries, rapid adoption of cloud computing, and continuous technological innovations, the market is projected to grow at a CAGR of 3.50% between 2025 and 2034 , reaching a value of USD 5.47 trillion by 2034 . The global IT spending market is witnessing strong growth as businesses, governments, and consumers increasingly rely on information technology to drive efficiency, security, and innovation. IT spending encompasses a broad range of expenditures, including hardware, software, IT services, communication technologies, and data management solutions. The ongoing integration of artificial intelligence (AI), automation, Internet of Things (IoT), and cybersecurity measures into enterprise operations is further reshaping how organisations allocate their ...