COVID-19 Impact: A Mix of Challenges and Opportunities for IT Vendors

Mar 2020 | IDC Link | Doc # lcAP46158620

By: Shweta BaidyaSenior Research Manager, Rishu SharmaAssociate Research Director, Sharath SrinivasamurthyResearch Director

Growth in global IT spending is expected to reduce by 1.3%, compared with the estimated growth rate of 5.1% by the end of 2020, because of the "pessimistic scenario" that resulted from the COVID-19 outbreak. Most impact is expected to be on...