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Gartner says IT industry will represent 5% of global GDP next year

Gartner says that in 2014 the IT industry will make up 5-percent of global GDP, and by 2017 more than half of PC sales will be tablets (NYSE:IT)

| Business, Financial & Legal News | Posted: Oct 8, 2013 12:42 am

Gartner released data today that suggest that 2014 will be the big year of growth for the IT industry. The analytical company is suggesting that by the end of 2014, the IT industry will be worth $4 trillion, or 5% the of global GDP. This would represent a substantial increase over current metrics which say the current market share for the IT industry is just $3.5 trillion.

 

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The report says that consumer spending is the fastest growing segment of the IT industry, but Enterprise spending still makes up the substantial portion of the market. Gartner suggesst that by 2017 mobile device sales will represent over 80-percent of device spending, of which more than half will be tablets. This means that in the next four years, mobile devices will become the fastest growing segment in the IT industry.

NEWS SOURCES:Video.cnbc.com

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