Key Points:
- IT Spending driven by business
- Growth rates of around 5 to 6% to continue for the next few years
- The largest IT spending segment in Australia is IT services
- Enterprise software is forecast to see over 14% growth
Spending on IT products and services in Australia is forecast to exceed A$109 billion in 2022, an increase of 6.5% from 2021, according to Gartner, Inc. The IT growth is driven by business rather than consumer spending.
“Australia’s IT spending is showing its strongest growth in a decade, and we expect growth rates of around 5 to 6% to continue for the next few years,” said John-David Lovelock, Research VP at Gartner.
The falling U.S. dollar has provided currency tailwinds.”
Growth rates of around 5 to 6% to continue for the next few years
Gartner Research VP John-David Lovelock
“Spending growth on devices (primarily PCs and tablets) reached a peak of 9% in 2021 as remote work and learning took hold.
Growth will remain elevated in 2022 as enterprises upgrade devices and/or invest in multiple devices for remote or hybrid work settings.
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The largest IT spending segment in Australia is IT services. Consulting Services is expected to grow from $7.4 billion last year to reach $10.5 billion in 2025.
growth driven by business rather than consumer spending
Gartner Report on IT Spending
Gartner Australia IT Spending Forecast (In Millions of AUD)
| 2020 Spending | 2021 Spending | 2021 Growth (%) | |
| Data Center Systems | 2,719 | 2,736 | 0.6% |
| Enterprise Software | 20,561 | 23,281 | 13.2% |
| Devices | 14,577 | 15,890 | 9.0% |
| IT Services | 35,234 | 36,966 | 4.9% |
| Communications Services | 23,712 | 23,623 | -0.4% |
| Overall IT | 96,803 | 102,496 | 5.9% |
