Highlights:

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1. The global IT spending is projected to grow 1.4% to $3.5 trillion in 2017 on account of rise in US dollar

2. The worldwide IT spending growth is predicted to grow 2.9% to $3.6 trillion in 2018 

3. The global spending on devices like PCs, tablets, ultramobiles and mobile phones is forecast to grow 1.7% to $645 billion in 2017

4.The IT services market is projected to grow 2.3% in 2017 as compared to 3.6% in 2016

Global IT spending is projected to grow 1.4% to $3.5 trillion in 2017 on account of rise in US dollar, according to information technology research and advisory company Gartner. 

"The strong US dollar has cut $67 billion out of our 2017 IT spending forecast," Gartner's research vice president John-David Lovelock, said in a press release on Monday. 

The overall worldwide IT spending growth rose 0.4% to $3.4 trillion in 2016.

Gartner Market Databook Q1 2017:

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It has predicted the data center system segment to grow 0.3% to $171 billion in 2017 from the negative growth of 0.1% to $171 billion in 2016. It has said that the segment is experiencing a slowdown in the server market. 

Gartner's Worldwide IT Spending Forecast (Billions of US Dollars):

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