Gartner: global IT spending will grow 1.1% in 2019

According to Gartner's latest forecast, global IT spending is expected to reach $3.79 trillion in 2019, up 1.1 percent year-on-year.

The data center systems sector will see the largest decline in 2019 (2.8%).It is mainly because of the adjustment of component cost pattern that the average selling price in server market decreases.

The growth of the enterprise software market has been driven by a shift in enterprise IT spending from traditional products to new cloud-based products.The market is expected to reach $427 billion, up 7.1 percent from 2018 ($399 billion).Application software is by far the largest branch of cloud transformation.However, Gartner expects infrastructure software to grow in the short term, particularly in terms of integrated platform as a service (iPaaS) and application platform as a service (aPaaS).

"The cio's choice of technology investments is critical to the success of the digital business," said john-david Lovelock, research vice President at Gartner.Disruptive emerging technologies, such as artificial intelligence, will reshape business models and how public and private companies operate.Artificial intelligence is having a big impact on IT spending, although its role is often misunderstood.Artificial intelligence is not a product, it is actually a set of technology or a computer engineering discipline.Artificial intelligence is being embedded in many existing products and services and is at the heart of new development efforts in every industry.Gartner predicts that companies will reap $1.9 trillion worth of benefits from the use of ai in 2019 alone.