Worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4% from 2020. The source of funds for new digital business initiatives will more frequently come from business departments outside IT. The highest growth will come from devices (14%) and enterprise software (10.8%) as organizations shift their focus to providing a more comfortable, innovative and productive environment for their workforce. Regionally, Latin America is expected to recover in 2024, while Greater China has already surpassed 2019 IT spending levels.
Source: https://www.helpnetsecurity.com/2021/04/13/it-spending-2021/