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Data Center News > Blog > Global Market > Gartner: GenAI spurs 9.3% increase in IT spending for 2025
Global Market

Gartner: GenAI spurs 9.3% increase in IT spending for 2025

Last updated: November 4, 2024 2:24 am
Published November 4, 2024
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Gartner identifies generative AI as a pivotal power in tech investments for the yr forward, with the analysis agency’s newest projections putting international IT spending at $5.74 trillion by 2025.

The Gartner forecast highlights server gross sales, that are anticipated to triple within the coming years as genAI pushes knowledge heart programs spending up by 15.5% in 2025. Gartner reported that server gross sales will develop from greater than $134 billion in 2023 to $332 billion by 2028, together with an estimated greater than $257 billion in 2025. Much like its July forecast, Gartner factors to genAI as a driving consider high-tech investments going ahead.

“GenAI will simply eclipse the consequences that cloud and outsourcing distributors had on earlier years concerning knowledge heart programs,” mentioned John-David Lovelock, Distinguished VP Analyst at Gartner, in a statement. “It took 20 years for the cloud and outsourcing distributors to construct up spending to $67 billion a yr on servers. The demand of genAI will assist practically triple server gross sales from 2023 to 2028.”

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See also  Startups pursue GPU alternatives for AI
TAGGED: Gartner, GenAI, increase, spending, Spurs
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