On October 23, Gartner, a business and technology insights company, predicted that global IT spending will reach US$7.35 trillion in 2027, up 15% from 2026, surpassing US$7 trillion for the first time. John-David Lovelock, Distinguished Research Vice President at Gartner, stated that AI infrastructure, AI-enabled cloud platforms, and advanced software ecosystems are continuing to attract investment, becoming the most attractive areas within global IT spending.
