Our latest forecasts for the vertical industries are out! Our team published the quarterly publication – Forecast Analysis: Enterprise IT Spending Across Vertical Industries, Worldwide, 4Q15 Update last week. The report presents detailed forecasts for all the vertical industries along with their key highlights and assumptions. Some key takeaways from this update report:
- Currency fluctuations continue to weigh down the growth projections.
- The overall growth spending for 2016 will now grow by an annual growth rate of 1.9%.
- Banking & Securities continues to be the fastest and the largest growing industry in 2016.
- Insurance and healthcare providers alongside banking & securities will be the fastest growing industry in 2016.
Just to give you a brief snapshot into the update for this quarter. Amongst the biggest industries, banking and securities are the fastest growing. The chart below provides a brief snapshot of the matrix of end-user spending and growth of the vertical industries. The size of the bubble is the overall share of the industry in the entire end-user spending mix. The report covers assumptions and takeaways for all the vertical industries in much greater details.
View Free, Relevant Gartner Research
Gartner's research helps you cut through the complexity and deliver the knowledge you need to make the right decisions quickly, and with confidence.Read Free Gartner Research
Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes, with attribution to Gartner. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an "as-is" basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.