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Indian IT spend to rise 6.8%, reach $88.8 bn in Calendar 2021: Gartner

Spending fell 2.7% in 2020 with focus only on 'mission-critical' tech & services during early stages of pandemic; worldwide spending pegged at $3.9 trillion in 2021, up 6.2%

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All IT spending segments are forecast to return to growth in 2021.

Neha Alawadhi New Delhi
India's information technology spending is expected to reach $88.8 billion in 2021, an increase of 6.8 per cent from last year, according research firm Gartner. 

In 2020, India IT spending fell 2.7 per cent as chief information officers prioritized spending on technology and services that were deemed “mission-critical” during the initial stages of the pandemic.

Gartner further forecast worldwide IT spending would be $3.9 trillion in 2021, an increase of 6.2 per cent from 2020, largely due to the increased speed of digital transformation last year to satisfy remote working, education and new social norms.

“In 2021, CIOs have to