Global IT Spending Expected to Reach $6.31 Trillion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy IT?
Source: Newsfilter
- IT Spending Growth Forecast: According to Gartner's latest forecast, global IT spending is expected to reach $6.31 trillion in 2026, reflecting a 13.5% increase from 2025, highlighting strong growth momentum in AI infrastructure and software, which companies should leverage to enhance market competitiveness.
- Surge in Data Center Investment: Data center systems spending is projected to grow by 55.8% in 2026, reaching $788.9 billion, driven primarily by the expansion of AI workloads, prompting companies to increase investments in high-performance computing to meet market demand.
- Rising Software and Device Spending: Gartner forecasts that software spending will reach $144.3 billion in 2026, growing by 15.1%, while device spending is expected to hit $856.2 billion, although moderated by high memory costs, necessitating companies to optimize their product offerings to adapt to market changes.
- AI Infrastructure Attracts Investment: The robust demand for high-bandwidth memory has resulted in significant returns for semiconductor manufacturers, indicating that companies should focus on investment opportunities in AI infrastructure to capitalize on the expanding IT spending landscape.
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Analyst Views on IT
Wall Street analysts forecast IT stock price to rise
11 Analyst Rating
4 Buy
6 Hold
1 Sell
Moderate Buy
Current: 156.230
Low
150.00
Averages
190.70
High
240.00
Current: 156.230
Low
150.00
Averages
190.70
High
240.00
About IT
Gartner, Inc. delivers actionable, objective business and technology insights. Its segments include Business and Technology Insights (Insights), Conferences, and Consulting. The Insights segment delivers independent, objective insight to leaders across an enterprise through subscription services that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts located around the globe. The Conferences segment is designed for information technology (IT) and business executives as well as decision-makers looking to adapt and evolve their organizations through disruption and uncertainty, navigate risks and prioritize investments. The Consulting segment serves chief information officers and other senior executives to optimize technology investments and drive business impact. It also provides solutions for a range of IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Global IT Spending Expected to Reach $6.31 Trillion
- IT Spending Growth Forecast: According to Gartner's latest forecast, global IT spending is expected to reach $6.31 trillion in 2026, reflecting a 13.5% increase from 2025, highlighting strong growth momentum in AI infrastructure and software, which companies should leverage to enhance market competitiveness.
- Surge in Data Center Investment: Data center systems spending is projected to grow by 55.8% in 2026, reaching $788.9 billion, driven primarily by the expansion of AI workloads, prompting companies to increase investments in high-performance computing to meet market demand.
- Rising Software and Device Spending: Gartner forecasts that software spending will reach $144.3 billion in 2026, growing by 15.1%, while device spending is expected to hit $856.2 billion, although moderated by high memory costs, necessitating companies to optimize their product offerings to adapt to market changes.
- AI Infrastructure Attracts Investment: The robust demand for high-bandwidth memory has resulted in significant returns for semiconductor manufacturers, indicating that companies should focus on investment opportunities in AI infrastructure to capitalize on the expanding IT spending landscape.
See More
Gartner Class Action Lawsuit Notification
- Class Action Notification: Rosen Law Firm reminds investors who purchased Gartner stock between February 4, 2025, and February 2, 2026, that they must apply to be lead plaintiffs by May 18, 2026, or risk losing their right to compensation in the class action lawsuit.
- Fee Arrangement: Investors participating in the class action will incur no out-of-pocket expenses, as attorney fees will be covered through a contingency fee arrangement, significantly lowering the financial barrier for investors seeking compensation.
- Lawsuit Background: The lawsuit alleges that Gartner made false or misleading statements regarding its growth rates and failed to disclose its true capabilities in facing industry challenges, resulting in investor losses once the actual situation became known, highlighting difficulties in maintaining contract value growth rates.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having achieved the largest settlement against a Chinese company and multiple significant recoveries, demonstrating its expertise and recognition in protecting investor rights.
See More
Gartner Faces Securities Fraud Class Action Lawsuit
- Lawsuit Background: Gartner, Inc. is facing a securities fraud class action lawsuit for allegedly making false statements during the period from February 4, 2025, to February 2, 2026, potentially impacting investors significantly.
- Stock Price Plunge: On August 5, 2025, Gartner reported a decline in contract value growth from 7% to 5%, resulting in a 27.6% drop in stock price to $243.93 per share, which directly undermined investor confidence.
- Continued Decline: On February 3, 2026, Gartner disclosed a mere 1% year-over-year growth in contract value, leading to a further 20.9% decrease in stock price to $160.16 per share, exacerbating investor losses.
- Legal Support: Glancy Prongay Wolke & Rotter LLP, a leading shareholder rights law firm, offers compensation services without upfront fees, encouraging affected investors to reach out for recovery, demonstrating a commitment to protecting investor rights.
See More
Faruqi & Faruqi Encourages Gartner Investors to Reach Out
- Legal Investigation: Faruq & Faruq LLP is investigating potential claims against Gartner, specifically encouraging investors who purchased securities between February 4, 2025, and February 2, 2026, to seek lead plaintiff status by the May 18, 2026 deadline, thereby ensuring their legal rights are protected.
- Financial Performance Miss: Gartner's fourth-quarter 2025 financial results, released on February 3, 2026, revealed a 2026 revenue forecast of at least $6.46 billion, falling short of analysts' expectations of $6.71 billion, while adjusted earnings per share of $12.30 also missed the anticipated range, leading to a 20.87% drop in stock price and impacting investor confidence.
- False Statement Allegations: The lawsuit alleges that Gartner and its executives violated federal securities laws by failing to disclose material adverse facts regarding the company's growth rates, particularly that claims of achieving 12-16% CV growth in a 'normal' macroeconomic environment were unrealistic, resulting in investors purchasing securities at artificially inflated prices and incurring losses.
- Investor Rights Protection: Faruq & Faruq encourages anyone with information regarding Gartner's conduct, including whistleblowers and former employees, to contact the firm to provide insights for the potential class action, ensuring that all affected investors can seek appropriate compensation.
See More
Multiple Companies Face Class Action Lawsuits
- ChowChow Cloud Lawsuit: ChowChow Cloud International Holdings Limited (NYSE:CHOW) faces a class action lawsuit for alleged market manipulation and false promotion, with a lead plaintiff deadline of May 12, 2026, which could result in trading suspension and severe stock price volatility if the lawsuit succeeds.
- Grocery Outlet Issues: Grocery Outlet Holding Corp. (NASDAQ:GO) is accused of misleading investors due to rapid expansion, with a lead plaintiff deadline of May 15, 2026, and a successful lawsuit could significantly impact the company's future sustainable growth.
- Alight Performance Misrepresentation: Alight, Inc. (NYSE:ALIT) is facing a class action for failing to accurately disclose its growth and cost-cutting measures, with a lead plaintiff deadline of May 15, 2026, and a loss could damage the company's reputation and market confidence.
- Gartner Business Challenges: Gartner, Inc. (NYSE:IT) is involved in a class action lawsuit for not adequately addressing industry challenges, with a lead plaintiff deadline of May 18, 2026, and a successful lawsuit could hinder the company's ability to meet future revenue targets.
See More
Class Action Lawsuit Reminder Against Gartner, Inc.
- Lawsuit Background: The DJS Law Group reminds investors of a class action lawsuit against Gartner, Inc. (NYSE:IT) for violations of §§10(b) and 20(a) of the Securities Exchange Act, covering the trading period from February 4, 2025, to February 2, 2026.
- False Statements: According to the complaint, Gartner made false and misleading statements to the market, claiming it could reliably predict its contract value (CV) growth potential, despite its non-federal CV growth failing to meet expectations.
- Investor Impact: Due to the misleading statements made during the class period, investors may have suffered losses, and the DJS Law Group encourages affected shareholders to reach out to participate in the recovery process.
- Lawsuit Deadline: Investors should note that the deadline to participate in the claims is May 18, 2026, and are urged to contact the law group promptly to secure their rights.
See More
Global IT Spending Expected to Reach $6.31 Trillion
- IT Spending Growth Forecast: According to Gartner's latest forecast, global IT spending is expected to reach $6.31 trillion in 2026, reflecting a 13.5% increase from 2025, highlighting strong growth momentum in AI infrastructure and software, which companies should leverage to enhance market competitiveness.
- Surge in Data Center Investment: Data center systems spending is projected to grow by 55.8% in 2026, reaching $788.9 billion, driven primarily by the expansion of AI workloads, prompting companies to increase investments in high-performance computing to meet market demand.
- Rising Software and Device Spending: Gartner forecasts that software spending will reach $144.3 billion in 2026, growing by 15.1%, while device spending is expected to hit $856.2 billion, although moderated by high memory costs, necessitating companies to optimize their product offerings to adapt to market changes.
- AI Infrastructure Attracts Investment: The robust demand for high-bandwidth memory has resulted in significant returns for semiconductor manufacturers, indicating that companies should focus on investment opportunities in AI infrastructure to capitalize on the expanding IT spending landscape.
See More
Gartner Class Action Lawsuit Notification
- Class Action Notification: Rosen Law Firm reminds investors who purchased Gartner stock between February 4, 2025, and February 2, 2026, that they must apply to be lead plaintiffs by May 18, 2026, or risk losing their right to compensation in the class action lawsuit.
- Fee Arrangement: Investors participating in the class action will incur no out-of-pocket expenses, as attorney fees will be covered through a contingency fee arrangement, significantly lowering the financial barrier for investors seeking compensation.
- Lawsuit Background: The lawsuit alleges that Gartner made false or misleading statements regarding its growth rates and failed to disclose its true capabilities in facing industry challenges, resulting in investor losses once the actual situation became known, highlighting difficulties in maintaining contract value growth rates.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having achieved the largest settlement against a Chinese company and multiple significant recoveries, demonstrating its expertise and recognition in protecting investor rights.
See More
Gartner Faces Securities Fraud Class Action Lawsuit
- Lawsuit Background: Gartner, Inc. is facing a securities fraud class action lawsuit for allegedly making false statements during the period from February 4, 2025, to February 2, 2026, potentially impacting investors significantly.
- Stock Price Plunge: On August 5, 2025, Gartner reported a decline in contract value growth from 7% to 5%, resulting in a 27.6% drop in stock price to $243.93 per share, which directly undermined investor confidence.
- Continued Decline: On February 3, 2026, Gartner disclosed a mere 1% year-over-year growth in contract value, leading to a further 20.9% decrease in stock price to $160.16 per share, exacerbating investor losses.
- Legal Support: Glancy Prongay Wolke & Rotter LLP, a leading shareholder rights law firm, offers compensation services without upfront fees, encouraging affected investors to reach out for recovery, demonstrating a commitment to protecting investor rights.
See More
Faruqi & Faruqi Encourages Gartner Investors to Reach Out
- Legal Investigation: Faruq & Faruq LLP is investigating potential claims against Gartner, specifically encouraging investors who purchased securities between February 4, 2025, and February 2, 2026, to seek lead plaintiff status by the May 18, 2026 deadline, thereby ensuring their legal rights are protected.
- Financial Performance Miss: Gartner's fourth-quarter 2025 financial results, released on February 3, 2026, revealed a 2026 revenue forecast of at least $6.46 billion, falling short of analysts' expectations of $6.71 billion, while adjusted earnings per share of $12.30 also missed the anticipated range, leading to a 20.87% drop in stock price and impacting investor confidence.
- False Statement Allegations: The lawsuit alleges that Gartner and its executives violated federal securities laws by failing to disclose material adverse facts regarding the company's growth rates, particularly that claims of achieving 12-16% CV growth in a 'normal' macroeconomic environment were unrealistic, resulting in investors purchasing securities at artificially inflated prices and incurring losses.
- Investor Rights Protection: Faruq & Faruq encourages anyone with information regarding Gartner's conduct, including whistleblowers and former employees, to contact the firm to provide insights for the potential class action, ensuring that all affected investors can seek appropriate compensation.
See More
Multiple Companies Face Class Action Lawsuits
- ChowChow Cloud Lawsuit: ChowChow Cloud International Holdings Limited (NYSE:CHOW) faces a class action lawsuit for alleged market manipulation and false promotion, with a lead plaintiff deadline of May 12, 2026, which could result in trading suspension and severe stock price volatility if the lawsuit succeeds.
- Grocery Outlet Issues: Grocery Outlet Holding Corp. (NASDAQ:GO) is accused of misleading investors due to rapid expansion, with a lead plaintiff deadline of May 15, 2026, and a successful lawsuit could significantly impact the company's future sustainable growth.
- Alight Performance Misrepresentation: Alight, Inc. (NYSE:ALIT) is facing a class action for failing to accurately disclose its growth and cost-cutting measures, with a lead plaintiff deadline of May 15, 2026, and a loss could damage the company's reputation and market confidence.
- Gartner Business Challenges: Gartner, Inc. (NYSE:IT) is involved in a class action lawsuit for not adequately addressing industry challenges, with a lead plaintiff deadline of May 18, 2026, and a successful lawsuit could hinder the company's ability to meet future revenue targets.
See More
Class Action Lawsuit Reminder Against Gartner, Inc.
- Lawsuit Background: The DJS Law Group reminds investors of a class action lawsuit against Gartner, Inc. (NYSE:IT) for violations of §§10(b) and 20(a) of the Securities Exchange Act, covering the trading period from February 4, 2025, to February 2, 2026.
- False Statements: According to the complaint, Gartner made false and misleading statements to the market, claiming it could reliably predict its contract value (CV) growth potential, despite its non-federal CV growth failing to meet expectations.
- Investor Impact: Due to the misleading statements made during the class period, investors may have suffered losses, and the DJS Law Group encourages affected shareholders to reach out to participate in the recovery process.
- Lawsuit Deadline: Investors should note that the deadline to participate in the claims is May 18, 2026, and are urged to contact the law group promptly to secure their rights.
See More
