Gartner Forecasts Worldwide IT Spending to Grow 15% in 2027, Totaling $7.35 Trillion
Business Wire•21/10/2026•08:30 ET
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Key Highlights
- ➤Overall IT spending $7.35T in 2027, up 15% from 2026
- ➤Data center systems spending $1.366T in 2027, up 55.5%
- ➤Devices spending $916B in 2027, up 8.1%
- ➤Software spending $1.679T in 2027, up 14.6%
- ➤Memory-related inflation expected to suppress end-user demand through 2027
Expert Statements
John-David Lovelock, Distinguished VP Analyst at Gartner
“Collectively, the market forces are reinforcing spend around AI infrastructure, AI-enabled cloud platforms and advanced software ecosystems, as these are the most attractive opportunities in global IT spending.”
John-David Lovelock, Distinguished VP Analyst at Gartner
“Increasingly, the growth of the digital economy is being determined not only by software adoption, but also by the ability to finance, build and monetize AI infrastructure at an unprecedented scale.”
John-David Lovelock, Distinguished VP Analyst at Gartner
“This ‘memflation’ effect is expected to persist through 2027 before hardware pricing begins to stabilize.”
John-David Lovelock, Distinguished VP Analyst at Gartner
“While higher average selling prices continue to support spending growth, the resulting pressure on affordability is expected to suppress end-user demand throughout the forecast horizon.”
John-David Lovelock, Distinguished VP Analyst at Gartner
“Backed by hyperscaler capital expenditure, private capital funding, financing initiatives and in some cases the technology suppliers themselves, AI infrastructure is emerging as both a technology platform and an investable asset class.”
John-David Lovelock, Distinguished VP Analyst at Gartner
“As a result, spending on AI infrastructure, AI cloud services, AI platforms and AI-enabled software is expected to reach explosive highs throughout the forecast period, underpinning sustained growth in the broader IT market.”
Gartner Forecasts Worldwide IT Spending to Grow 15% in 2027, Totaling $7.35 Trillion
With AI Investment Accelerating Across the Technology Stack, IT Spending Will Cross the $7 Trillion Mark for the First Time
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