2025 global it spending boosted by ai and hardware demand

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2025 global IT spending boosted by AI and hardware demand

In 2024, global IT spending grew by 8.3%, driven largely by the expansion of generative AI infrastructure and the continued migration of enterprises to public cloud services. Despite global uncertainties, hyperscalers like Microsoft, Alphabet, and Meta Platforms ramped up their capital spending, with a nearly 50% increase in data center investments. This contributed to ...