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How much will be the Global IT spending forecast in 2023? HUGE GROWTH!

10.01.2023 02:20 AM
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How much will be the Global IT spending forecast in 2023? HUGE GROWTH!
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How much will be the Global IT spending forecast in 2023? HUGE GROWTH!
The past year witnessed new technological events and discoveries extending to the coming years, while institutions and companies began to study how to keep pace with these technologies and benefit from them in achieving better work results in a shorter period of time.
Experts expect an increase in spending on information technology by 5% in 2023, equivalent to more than 4 trillion US dollars, according to the Gartens Foundation, which revealed many technical trends that should be paid attention to in the current year, most notably:
 
Metaverse: Projections indicate that the value of the Metaverse industry will reach $30 trillion in 2030.
Metaverse has a share of the world's attention this year, and the industry is expected to be worth around $13 trillion by 2030.

Digital Identities: The year will also witness an increase in interest and a shift towards increasing reliance on the fingerprint and digital identity, and more users will have their credentials that reduce fraud on health and education applications.
Virtual workspaces: Virtual workspaces will become more widespread and adopted as they contribute to increasing the ability of companies to recruit employees and bring them together, regardless of their geographical locations.

Spending on machine transformation: 2023 will be the year of undisputed automation, or what is known as "automation", as industry experts expect a sharp rise in spending on this industry as companies aim to achieve more with fewer resources.

A framework for managing artificial intelligence: This matter will become a preoccupation for institutions and individuals, according to the expectations of technology experts, given the solutions and innovations it provides for goals that humans may be unable to implement.

Quantum computers: further expanding the use of quantum computers, and is expected to achieve greater progress in the fields of pharmaceutical development, nuclear energy, renewable energy, and sustainable agriculture. Many are betting on these technical trends in order to achieve the best for humans and perhaps lead the world towards more prosperity and achieve the best standards of sustainability, and why not lay a solid technical foundation stone for future generations.
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