{"id":6181,"date":"2021-12-01T14:43:54","date_gmt":"2021-12-01T09:13:54","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-gartner-it-spending\/"},"modified":"2021-12-01T15:03:22","modified_gmt":"2021-12-01T09:33:22","slug":"biz-gartner-it-spending","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-gartner-it-spending\/","title":{"rendered":"IT spending in India expected to cross USD 100 bn in 2022: Gartner"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2419940451\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Dec 1 (PTI) IT spending in India is expected to touch USD 101.8 billion in 2022, up 7 per cent from this year, according to research firm Gartner.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2895673756\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> India&#8217;s information technology (IT) spending across areas like communication services, data centre systems, IT services and software is expected to grow 10.8 per cent to USD 95.1 billion in 2021 from USD 85.8 billion in the preceding year.<\/p>\n<p> Gartner Research Vice-President Arup Roy said, &#8220;The digital transformation trajectory that began as a pandemic response is here to stay for the next few years. India has experienced one of the fastest recoveries despite being one of the worst-hit regions in the second wave of the pandemic in early 2021.&#8221; \t He added that in 2022, CIOs in India will build on renewed interest in technology from the business to gain funding for new IT projects.<\/p>\n<p> As per Gartner, Indian CIOs (chief information officers) are likely to increase their spending towards projects that drive innovation and modernising legacy systems.<\/p><div class=\"trade-content_5\" id=\"trade-2896813431\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Hiring a workforce that can deliver on these needs will also be a key priority. Next year, Indian CIOs are prioritising a move away from rigid and monolithic ways of doing business to a more composable business and IT architecture where they will be able to better respond to disruptions.<\/p>\n<p> In 2022, all segments of IT spending in India are expected to grow, with software emerging as the highest growing segment.<\/p>\n<p> Spending on software is forecast to total USD 10.5 billion in 2022, up 14.4 per cent from 2021 (USD 9.1 billion). While experiencing a slower growth rate than 2021, spending on software in 2022 is forecast to be nearly double of what it was pre-pandemic. IT services are expected to log a 9.1 per cent increase to USD 19.7 billion in 2022 from USD 18.1 billion in 2021.<\/p>\n<p> As hybrid work adoption increases in the country, there will be an uptick in spending on devices in 2022, reaching USD 44 billion, an increase of 7.5 per cent from 2021 (USD 41 billion).<\/p>\n<p> &#8220;The growth in devices is a combination of two components \u2014 hybrid work and pent-up demand from 2020 for device upgrades. Spending on devices will make up 43 per cent of the total IT spending next year,&#8221; Roy said.<\/p>\n<p> Spending on communication services is expected to rise 2.3 per cent to USD 24.5 billion in 2022 from USD 24 billion in 2021, while that on data centre systems is forecast to grow 3.4 per cent to USD 2.8 billion in 2022 from USD 2.7 billion in 2021, according to Gartner. PTI SR  HRS hrs<\/p><div class=\"trade-content-10\" id=\"trade-1480685343\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<div class=\"trade-after-content\" id=\"trade-2903469926\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Dec 1 (PTI) IT spending in India is expected to touch USD 101.8 billion in 2022, up 7 per cent from this year, according to research firm Gartner. India&#8217;s information technology (IT) spending across areas like communication services, data centre systems, IT services and software is expected to grow 10.8 per cent to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1698,1697,31],"tags":[],"class_list":["post-6181","post","type-post","status-publish","format-standard","hentry","category-commodities","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT spending in India expected to cross USD 100 bn in 2022: Gartner - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-gartner-it-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT spending in India expected to cross USD 100 bn in 2022: Gartner\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Dec 1 (PTI) IT spending in India is expected to touch USD 101.8 billion in 2022, up 7 per cent from this year, according to research firm Gartner. 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