Figure revised to three per cent from 2.5 per cent projected last quarter; telecom services market continues to be the largest in IT spending.
Worldwide, IT spending is on pace to reach $3.6 trillion in 2012, a three per cent increase from the 2011 spending of $3.5 trillion, Gartner said in its latest outlook.
Within the total IT spending, worldwide IT services spending is forecast to reach $864 billion in 2012, a 2.3 per cent increase from 2011.
Demand for consulting services is expected to remain high due to the complexity of environments for global business and technology leaders. Gartner analysts said consulting itself is becoming increasingly technology-based with the rise of analytics and big data, having deep implications on the future of consulting services.
"While the challenges facing global economic growth persist the Euro zone crisis, weaker US recovery, a slowdown in China
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