Channel programs News
Gartner’s Top 5 Biggest IT Sales Growth Markets For 2022
Worldwide IT spending will hit $4.47 trillion in 2022, according to new data from Gartner. Here’s the projected spending growth rate and dollars expected in data center systems, software, devices and services next year.
No. 5: Communications Services To Grow 2.1%
2022 Spending: $1.48 Trillion
2021 Spending: $1.45 Trillion
Although communications services will see the slowest growth rate percentage-wise in 2022 compared to 2021, these services will have the largest total spending levels next year.
Worldwide spending on communications services is projected to reach $1.482 trillion in 2022, representing a growth rate of 2.1 percent year over year. For 2021, Gartner is predicting that the communications services market will hit $1.451 trillion.
The COVID pandemic caused a contrary trend of pushing companies outside of their comfort zone while lockdowns forced people to stay in the comfort of their homes. Gartner said companies that had, prior to COVID, eschewed even the possibility of work from home were forced to embrace it in a matter of weeks. This has made IT communications software and services more critical to companies than ever before.
The $1.451 trillion in communications services spending in 2021 represents a nearly 4 percent increase compared to 2020.