Gartner’s India IT spending forecast up at $161.5 billion, down 11.1% in percentage terms

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India’s overall IT spending is expected to grow by 11.1% to $161.5 billion in 2025 from $145.4 billion in 2024, which grew by 9.8% from 2023, according to the latest forecast by research and consulting firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gartner” target=”_blank”>Gartner.While this is a tad lower in percentage terms from its November forecast of 11.2%, in absolute terms, the spending is set to increase from the earlier estimate of $160 billion for 2025.

In comparison, the worldwide IT spending is estimated to increase by 9.8% to $5.61 trillion in 2025, up from $5.11 trillion in 2024.

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Gartner’s India IT spending forecast up at $161.5 billion, down 11.1% in percentage terms


India’s overall IT spending is expected to grow by 11.1% to $161.5 billion in 2025 from $145.4 billion in 2024, which grew by 9.8% from 2023, according to the latest forecast by research and consulting firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gartner” target=”_blank”>Gartner.While this is a tad lower in percentage terms from its November forecast of 11.2%, in absolute terms, the spending is set to increase from the earlier estimate of $160 billion for 2025.

In comparison, the worldwide IT spending is estimated to increase by 9.8% to $5.61 trillion in 2025, up from $5.11 trillion in 2024.

In India, software and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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