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Global tech market spending to touch $5 trillion in 2024

IT services are projected to become the largest segment of IT spending, with an anticipated growth of 8.7%, culminating in a total spend of US$1.5 trillion.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

January 24, 2024 | 12:47 AM GMT

The global expenditure on Information Technology (IT) is set to reach the milestone of US$5 trillion in 2024, marking an increase of 6.8% from the previous year.

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João Marques Lima

Founder and Editor, The Tech Capital

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