"IT services buyers are shifting spending from consulting (planning projects) to implementation (doing projects), and Gartner analysts expect steady growth in the IT services market as the economic outlook, and along with it investment sentiment, improves," Gartner said.

On the other hand the PCs, mobiles and tablets market will see a comeback this year with global spending of $689 billion, a 4.4 percent higher than a year ago. The report also highlights the possible change in the market trend where matured markets will increasingly opt for mid-tier premium phones such as Nexus 5 than the high priced iPhone 5S or Galaxy S4. Whereas the low end Android Smartphones are to rule the roost in the emerging markets.  

The research firm also finds hope in the data center systems spending which is to grow 2.3 percent to $143 billion in 2014 than a year ago. Adding to the growing network equipment trend, cloud and mobility are seen as the front runners. "Virtualization and cloud adoption are generating significant market traction for data center Ethernet switches, and the proliferation of mobile endpoints is continuing to drive significant demand for the wireless LAN equipment market," Gartner said.

However, the spending on telecom services, a segment which previously accounted for more than 40 percent of the global IT spending is to grow only by 1.3 percent to $1.655 trillion compared to last year.

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