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Updated Jul 27, 2026 · 14:25
Technology News Updated Jul 27, 2026

AI Boom to Push Global IT Spending to $6.37 Trillion by 2026

Global IT spending is projected to reach $6.37 trillion in 2026, a 14.2% increase from 2025, driven by AI investments. Data centre systems spending will surge 62.5% to $822 billion, with IaaS growing 29.3%. Gartner analyst John-David Lovelock called AI compute capacity the largest infrastructure project ever. However, budgets face pressure from inflation, supply constraints, and rising hardware costs.

AI investments to drive global IT spending to $6.37 trillion: Report

New Delhi, July 27

Worldwide information technology spending is projected to reach $6.37 trillion in 2026, a 14.2 per cent increase from 2025, as investments in artificial intelligence infrastructure, cloud platforms and intelligent applications continue to accelerate, according to a report released on Monday.

Spending on data centre systems and Infrastructure as a Service (IaaS) will record the fastest growth, reflecting rising demand for AI infrastructure and high-performance computing, as per analysis of Gartner, Inc.

According to the forecast, spending on data centre systems is expected to surge 62.5 per cent to $822 billion in 2026 from $506 billion in 2025.

IaaS spending is projected to grow 29.3 per cent to $287 billion, while software spending is expected to rise 15.5 per cent to $1.47 trillion.

While device spending is forecast to increase nearly 10 per cent to $868 billion, services spending is expected to grow about 5 per cent to $1.57 trillion and communications services spending is projected to rise 4.4 per cent to $1.35 trillion.

"Building the compute capacity required for AI is the largest infrastructure project ever attempted by humanity. Driven by the expansion of AI workloads and demand for high-performance computing, hyperscalers and enterprises are rapidly scaling next-generation data centre capacity," said John-David Lovelock, Distinguished VP Analyst at Gartner.

Despite the strong outlook, the report cautioned that technology budgets remain under pressure from inflation, semiconductor and memory supply constraints, rising hardware costs and shifting enterprise priorities.

It further noted that its latest forecast reflects increased confidence in AI-led market expansion, with incremental IT spending increasingly concentrated in AI-related infrastructure, cloud services and software, while traditional technology segments are expected to witness comparatively modest growth.

Moreover, organisations are accelerating investments in AI-optimised servers, cloud platforms and AI-ready software as they scale enterprise AI deployments, making AI infrastructure and software the fastest-growing areas of global IT spending the report said.

— IANS

Reader Comments

Sarah B

These numbers are mind-boggling! $6.37 trillion, wow. But I wonder if this AI hype will actually deliver real-world benefits for everyday people, or just line the pockets of big tech CEOs. The cost of living is already so high, and this might just inflate it further.

Rohit P

As a software engineer in Pune, I'm excited but also cautious. AI is great, but we need to ensure India doesn't become just a backend service provider for global AI infrastructure. We should focus on building our own AI models and products, not just data centres.

Michael C

The report mentions inflation and supply constraints. In India, we're already seeing a shortage of skilled AI professionals. The government and private sector need to invest heavily in training our youth, otherwise, this boom might leave many behind.

Kavya N

I'm a data scientist in Hyderabad, and I can feel this shift. The demand for AI skills is skyrocketing. But I'm concerned about the environmental cost of all these data centres. We're already facing water shortages in many parts of India—this needs careful planning.

Emma D

Interesting to see how traditional IT spending is slowing while AI and cloud are exploding. This reminds me of how the internet boom changed everything in the 90s. Let's hope this time around, we learn from past mistakes and ensure the benefits are more equally distributed.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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