Gartner Predicts Software Market to Hit $1.68 Trillion by 2027

Gartner Predicts Software Market to Hit $1.68 Trillion by 2027

4h ago
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The Gist

  • Global software spending will grow 14.6% to $1.68 trillion in 2027
  • AI models lead growth at 117%, while AI app platforms expand 39%
  • Software maintains 23% share of total IT spend despite AI infrastructure boom

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The AI-driven software boom creates massive opportunities for GTM teams to capture new budgets.

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