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i-NETT Announces Substantial Increase in IT Spending to Come in 2022

Leading Managed Technology Services Provider Shares Significant Findings About IT Growth

LOS ANGELES/VENTURA/ORANGE COUNTY/SAN DIEGO – i-NETT, a leading managed technology services provider (MTSP), recently shared that IT research and consulting firm, Gartner, states that "Worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 5.5% from 2021." The three largest subcategories of that $4.5 trillion forecast are enterprise software, IT devices and IT services, which will increase 13%, 15% and 11%, respectively.

To put these numbers into perspective, total IT spending will increase by approximately $230 billion, which an amount equal to 100% of the federal corporate income taxes collected by the US government in 2019. This is a monumental amount of growth which can likely be attributed to employers embracing work-from-home (WFH) or hybrid-work environments, security concerns over cyber security breaches and the world's desire to utilize cloud technology. For small to mid-sized businesses (SMBs) this means that they will have more access to enterprise-level technology solutions, which will empower them to drive productivity and increase their bottom-line, if they position themselves properly…

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