New Delhi, July 27 (IANS). Global information technology (IT) spending is projected to reach $6.37 trillion by 2026, driven by rapidly growing investments in artificial intelligence (AI) infrastructure, cloud platforms and intelligent applications. This will be 14.2 percent more than in 2025. This information was given in a report released on Monday.
According to Gartner report, spending on data center systems and Infrastructure as a Service (IaaS) will grow at the fastest pace as demand for AI infrastructure and high-performance computing continues to grow.
According to the report, spending on data center systems is projected to grow from $506 billion in 2025 to $822 billion in 2026, representing an increase of 62.5 percent.
At the same time, the expenditure on IaaS is estimated to increase by 29.3 percent to $ 287 billion, while the expenditure on software may increase by 15.5 percent to reach $ 1.47 trillion.
Additionally, spending on devices is expected to grow by nearly 10 percent to $868 billion, spending on IT services to grow by nearly 5 percent to $1.57 trillion, and spending on communication services to grow by 4.4 percent to $1.35 trillion.
“Building the compute capacity needed for AI is the largest infrastructure project ever undertaken in human history,” said John-David Lovelock, VP Analyst at Gartner. “Hyperscaler companies and large enterprises are rapidly expanding the capacity of next-generation data centers as demand for AI workloads and high-performance computing continues to grow.”
However, the report also warned that technology budgets are still under pressure due to inflation, semiconductor and memory supply constraints, rising hardware costs and changing priorities of enterprises.
According to the report, the latest estimates indicate that there is increased confidence about AI-led market expansion. The bulk of additional IT spending will now focus on AI infrastructure, cloud services and software, while traditional technology sectors will see relatively slower growth.
The report also said that companies are increasingly investing in AI-optimized servers, cloud platforms, and AI-ready software to implement enterprise AI at scale. This has led to AI infrastructure and software becoming the fastest growing areas of global IT spending.
–IANS
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