Global IT spending is forecast to grow by 9% in 2025, an improvement from the 8% in 2024, as artificial intelligence (AI) continues to spur data centre spending and enterprises renew investments in traditional hardware.
This is according to S&P Global’s Industry Credit Outlook 2025, which reveals IT demand is set to accelerate in the US, Latin America, EMEA, APAC and Canada, but is subject to US trade policy.
Software and IT services growth (including spending on the public cloud) will […]
Artificial intelligence to accelerate IT spending in 2025 – ITWeb