Demand for AI hardware is key driver for tech spending this year

Industry Updates
By TD SYNNEX Newsflash 25th March 2026

Overall global technology spend will grow by 7.8% in 2026 to reach $5.6 trillion — up from $5.2 trillion last year, with sales of ‘computer equipment’ seeing a much higher, 16.8% growth in 2026 due to rising AI server demand. And AI-specialised systems will capture more than 80% of computer equipment spend by 2030 – up from 43% in 2024.

Additionally, cloud and AI will grow at twice the rate of the overall software market, which is poised to see 11.5% growth this year. More than 70% of the increase growth in tech spending will come from enterprise and government investments in computer equipment and software. In Europe, overall tech spend will grow by 6.3% to reach $1.75 trillion.

Demand for AI hardware is key driver for tech spending this year

The figures come from Forrester’s Global Tech Market Forecast, 2025 To 2030.

Destination AI

Destination AI from TD SYNNEX is our comprehensive end-to-end programme designed to help you and your customers get ahead of the AI curve.

Why Destination AI?

AI on Trusted Advisor