Gartner: global IT spending to grow 15% to $7.35T in 2027

Gartner forecasts worldwide IT spending will reach $7.35 trillion in 2027, up 15% from 2026, driven by AI infrastructure, AI-optimized cloud and software platforms. The firm also outlined predictions through 2030, including disposable apps and cost exhaustion attacks on public AI.

• Global IT spending to hit $7.35T in 2027, up 15% year over year
• AI servers, AI IaaS and AI software platforms drive most of the growth
• By 2029, 80% of new apps will be intentionally disposable, used under a year
• By 2030, 80% of firms with public AI will face cost exhaustion attacks