No. 4: Devices To Grow 2.3%
2022 Spending: $821 Billion
2021 Spending: $802 Billion
Global spending growth on devices reached an all-time high in 2021 as remote work, telehealth and remote learning took hold. However, Gartner expects 2022 will still show an uptick in enterprises that upgrade devices or invest in multiple devices to thrive in a hybrid work setting.
Worldwide spending in IT devices in 2022 is expected to hit $821 billion, representing an increase of 2.3 percent year over year. The previous record on IT device spending is this year, with Gartner projecting device spending will reach $802 billion, which will be a whopping 15 percent spike compared to 2020.
From devices like cameras with data analytics capabilities, to millions of nternet of Things (IoT) devices coming online this year, Gartner predicts companies spending money on IT devices won’t slow down in 2022.