In 2023, global IT spending will diminish, although cloud and consultancy services will continue to grow and be constant.
According to IT consultancy and research firm Gartner Inc., worldwide IT spending decreased by 0.2% in 2022 to reach $4.38 trillion. This is a rare case in which businesses spend less on digital business tools than they did the year before. IT spending was previously predicted by Gartner to have climbed by 0.8% last year. …