CAMBRIDGE, Mass.--(BUSINESS WIRE)--Forrester’s (Nasdaq: FORR) Global Tech Market Forecast, 2023 To 2027, reveals that as economic conditions continue to improve, technology spend will grow 5.3% in 2024 — up from 3.5% in 2023. Two factors will primarily contribute to this growth: Increased spending on software and IT services, including generative artificial intelligence (AI) (genAI), cloud, security, and digital, and economic growth in Asia Pacific. By 2027, software and IT services will capture 69% of global tech spend
Forrester: Global Tech Spend To Grow 5.3% In 2024, Reaching $4.7 Trillion
Forrester: Global Tech Spend To Grow 5.3% In 2024, Reaching $4.7 Trillion
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