TECH SUPPLIER Apr 2020 - Market Note - Doc # US46197320

COVID-19 Impact on the Worldwide Services Market

By: Chad HustonResearch Manager, Worldwide Services, Rebecca SegalGroup Vice President, Worldwide Services


This IDC Market Note details IDC's first services forecast update based upon new assumptions that include impacts from COVID-19. This forecast was published in the March 31, 2020, IDC's Worldwide Black Book Live and will be updated on a monthly basis for the remainder of the crisis. This commentary first looks at optimistic, probable, and pessimistic forecasts for the worldwide services market as of March 31, 2020, and then details the impact to the services market from market and regional views.



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