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The IT market in Spain is forecast to accelerate slightly in local currency and US dollar terms in 2025 as server spending is boosted by large data centre projects and shipments of Nvidia Blackwell products, while the software and services segments will be boosted by new cloud regions and investment in AI projects. The positive outlook for cloud and AI services adoption extends over the medium-term forecast to 2028, deepening the reach of digital solutions in the economy and serving as a foundation for new products. There is also upside if AI increases software developer productivity and so accelerates digital transformation.