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IT expenditure in India will fall to 7.7% in 2022 from 21% in 2021: Report

IT expenditure in India will fall to 7.7% in 2022 from 21% in 2021: Report

<p>In 2022, India&#39;s IT spending is predicted to reach $114.9B, as per a Gartner estimate release. Indian businesses are nonetheless concerned about the state of the global economy. Compared to the 21.2% growth rate in 2021, it is anticipated that Indian IT spending will continue to increase at a solid 7.7% rate in 2022. According to Gartner&#39;s most recent prediction, global IT investment would increase by 3% from 2021 to $4.5T in 2022.</p>

Read full story at Business Standard
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