Worldwide IT spending is projected to reach $3.73 trillion in 2013, a 4.2 percent increase from $3.58 trillion in 2012, research firm Gartner Thursday said.
The 2013 outlook for IT spending growth in US dollars has been revised upward from 3.8 percent in the Q3 2012 forecast, Gartner said in a statement.
Much of this spending increase is the result from projected gains in the value of foreign currencies versus the dollar, it said adding that in constant currency, spending growth in 2013 is expected to be 3.9 percent.
"Uncertainties surrounding prospects for an upturn in global economic growth are the major retardants to IT growth.
This uncertainty has caused the pessimistic business and consumer sentiment throughout the world," Gartner Managing Vice President Richard Gordon said.
However, much of this uncertainty is nearing resolution, and as it does, Gartner expects accelerated spending growth in 2013 compared to 2012, he added.
Worldwide devices spending which includes PCs, tablets, mobile phones and printers, is forecast to reach USD 666 billion in 2013, up 6.3 percent from 2012.
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