In India, the forecast has been revised from the earlier estimate of $105.2 billion, primarily due to the growth in devices in 2021.
“In 2022, along with devices, Indian CIOs and business leaders will continue to increase their spending towards analytics, artificial intelligence, machine learning, customer experience and cloud,” said Naveen Mishra, senior research director at Gartner.
The report also said worldwide IT spending is projected to total $4.4 trillion in 2022, an increase of 4% from 2021.
Software spending is expected to grow 9.8% to $674.9 billion in 2022 and IT services is forecast to grow 6.8% to reach $1.3 trillion globally.
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