Here are five trends in global IT spending:
1. Global spending on IT will grow from nearly $2.4 trillion in 2016 to more than $2.7 trillion in 2020.
2. The spending will represent a compound annual growth rate of 3.3 percent from 2015 to 2020.
3. Healthcare will remain the fastest growing segment with a five-year CAGR of 5.7 percent.
4. Banking, media and professional services will also experience strong growth in the forecast period with CAGRs of 4.9 percent.
5. Consumer purchases accounted for nearly a quarter of all IT revenues in 2015.
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