TECH SUPPLIER May 2020 - Market Forecast - Doc # US45198520
Worldwide and U.S. IT Consulting Services Forecast, 2020–2024
This IDC study presents IDC's worldwide and U.S. IT consulting services market by major regions. A forecast and historical sizing are provided, beginning in 2017 and extending through 2024. The total worldwide market is assessed. A range of forecast assumptions are factored in. This study does not contain vendor-specific revenue, market shares, or vendor profiles.
"After seeing steady uptick in spending growth across all major regions in 2019, the worldwide ITC spending will decline sharply in 2020 due to COVID-19 impact. Most new initiatives are expected to be put on hold, causing the deceleration in spending to continue through the first half of 2021," said Ali Zaidi, research director, IT Consulting and Systems Integration Services.
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