Global spending on information technology related to remote work will grow by 4.9 percent to $332.9 billion this year as businesses continue to see higher numbers of employees working from home, according to a forecast by Gartner.
“Through 2024, businesses will be forced to accelerate digital business transformation plans by at least five years to survive in a post-COVID-19 world that involves permanently higher adoption of remote work and digital touchpoints,” Gartner said in a study published on its website.
Overall IT spending is expected to rise 6.2 percent to $3.92 trillion in 2021, after falling 3.2 percent to $3.69 trillion a year earlier.
Gartner predicts that every IT sector will return to growth during 2021.
The continual need for remote work setups is expected to create a “strong rebound” in enterprise software — at a growth rate of 8.8 percent — while devices will surge by 8 percent due to demand from remote workers and students now learning outside of the traditional classroom, it said.