IT Spending Forecast, 4Q24 Update: GenAI’s Impact on a $7 Trillion IT Market

Global IT spending is surging, driven by the rapid rise of generative AI (GenAI). It is on pace to surpass $7 trillion dollars in 4 years. By 2028, GenAI will account for over $1 trillion in spending, including the new markets, such as AI models, specialized AI-managed services and AI-optimized IaaS. However, the journey to realizing AI's full potential is fraught with challenges. Many early-stage GenAI projects have faltered. Declining AI expectations are driving CIOs’ focus to shift toward GenAI solutions delivered from technology partners in 2025. Join this complimentary Gartner IT webinar for technology leaders as a Gartner expert delves into the emerging IT spending patterns in a languishing economic environment and the evolving GenAI landscape. Gain insight into the latest trends and forecasts that will shape IT budgets and investments in the coming year. You will walk away from this session with answers to your vital questions and recommended actions to help you achieve your goals.

• Stay ahead of the curve with the latest IT spending trends

• Gain actionable insights to optimize your IT budget and capitalize on the AI opportunity

• Prepare your organization for the upcoming challenges and opportunities in 2025

Return to this web page to watch the webinar. Contact us at gartnerwebinars@gartner.com with questions about viewing this webinar.