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Global government IT spending to hit $589 Billion in 2023: Report

Shortpedia

Content Team
Image Credit: Information Age

Global government IT spending is likely to reach $588.9 billion in 2023, an increase of 6.8 per cent from 2022, a report showed on Monday. Software will be the highest growing segment in 2023 followed by IT services and internal services, according to Gartner. Next year, government IT spending is forecast to increase across all segments except devices.