My first prediction for 2025 is that the total spending will be the same as in 2024 at $7.5 trillion. The ITC market will employ 22.5 million at the end of the year – also much the same as at the end of 2024. The big change will be a surge in net profit, which will grow 13% to $1.2 trillion. I expect new tariffs will increase prices in most countries, reducing demand for new products and extending the life of older ones. This downward pressure will be stroner than the revival in server, PC, tablet and smart phone hardware markets. I expect annual Cloud computing (IaaS/PaaS/SaaS) spending growth to be below 10% for the first time since its inception.