Organizations spend a median of $24.5 million annually on AI tools that prevent and respond to downtime.

Spending growth in GenAI model development is forecast to more than double year-over-year.

Software spending is forecast to reach $1.44362 trillion in 2026, growing 15.1% year-over-year.

Worldwide IT spending is forecast to reaach $6.31 trillion in 2026, increasing 13.5% from 2025.

Communications services spending is forecast to reach $1.35855 trillion in 2026, growing 4.8% year-over-year.

Device spending is forecast to reach $856.19 billion in 2026, growing 8.2% year-over-year.

IT services spending is forecast to surpass $1.87 trillion in 2026, growing 9.0% year-over-year.

Approximately 21% of AI tool licenses are underutilized.

91% believe there is room for improvement in the return on their IT spending.

Gartner predicts spending on Software to reach $1.246 trillion in 2025, a 14.2% increase from $1.091 trillion in 2024.

Gartner predicts spending on Communications Services to reach $1.423 trillion in 2025, a 3.8% increase from $1.371 trillion in 2024.

More than half of respondents admitted they lack sufficient data to accurately assess their organisation’s IT spending.

Gartner predicts spending on IT Services to reach $1.731 trillion in 2025, a 9.0% increase from $1.588 trillion in 2024.

Gartner predicts spending on Devices to reach $810.234 billion in 2025, a 10.4% increase from $734.162 billion in 2024.

By 2028, hyperscalers are expected to operate $1 trillion worth of AI optimised servers, according to Gartner.

Gartner predicts spending on Data Center Systems to reach $405.505 billion in 2025, a 23.2% increase from $329.132 billion in 2024.

Gartner predicts that IT services companies and hyperscalers will account for over 70% of spending in 2025.

Gartner predicts that Spending on AI-optimised servers will double that of traditional servers in 2025, reaching $202 billion.

Gartner forecasts worldwide IT spending to reach $5.61 trillion in 2025, representing a 9.8% increase from 2024.

Gartner predicts spending on Overall IT to reach $5.617 trillion in 2025, a 9.8% increase from $5.114 trillion in 2024.