Global spending on the digital transformation (DX) of business practices, products, and organizations is forecast to reach $US1.8 trillion in 2022, an increase of 17.6% over 2021. According to a new update to the International Data Corporation (IDC) Worldwide Digital Transformation Spending Guide, DX spending will sustain this pace of growth over the 2022-2026 forecast period with a five-year compound annual growth rate (CAGR) of 16.6%.