Computerworld February 12, 2025
Despite economic pressures, Forrester forecasts 5.6% growth in the global enterprise tech market.
Global enterprise technology spending is set to grow by 5.6% in 2025, reaching $4.9 trillion, as enterprises continue to prioritize investments in cybersecurity, cloud computing, generative AI, and digital transformation.
North America and the Asia-Pacific region are projected to be the fastest-growing markets, while software and IT services are projected to account for 70% of all global technology spending by 2029, according to a Forrester report.
“Despite geopolitical instability and a softening IT and telecom services market in 2024, technology investments remain resilient,” said the report titled Global Tech Market Forecast, 2024-2029.
While certain sectors of the IT and telecom services market are showing signs of slowing...
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