Abstract

This IDC Market Perspective outlines and discusses IDC's views on the impacts and effects of COVID-19 by industry. This document quantifies the impact on technology spending by industry and provides a framework for how to think about recovery.

"In this time of crisis, technology providers of all types and sizes are in the midst of reevaluating plans and pivoting strategies. To assist with these efforts, we've quantified the COVID-19 impact on technology spending by industry. The results show that more than 60% of the 2020 losses can be attributed to five industries," commented Jessica Goepfert, program vice president, Customer Insights and Analysis. "That said, no industry is impervious to impact."


Coverage

Subscriptions Covered

Executive Information , IDC Financial Insights: Worldwide Banking IT Spending Guide , IDC Financial Insights: Worldwide Capital Markets IT Spending Guide , IDC Financial Insights: Worldwide Insurance IT Spending Guide , IDC Government Insights: United States State and Local Government IT Spending Guide , IDC Retail Insights: Worldwide Retail Industry IT Spending Guide , Worldwide 3rd Platform Spending Guide: Banking , Worldwide 3rd Platform Spending Guide: Government , Worldwide 3rd Platform Spending Guide: Healthcare , Worldwide 3rd Platform Spending Guide: Insurance , Worldwide 3rd Platform Spending Guide: Manufacturing , Worldwide 3rd Platform Spending Guide: Oil and Gas , Worldwide 3rd Platform Spending Guide: Retail , Worldwide 3rd Platform Spending Guide: Securities and Investment Services , Worldwide 3rd Platform Spending Guide: Utilities , Worldwide Artificial Intelligence Spending Guide , Worldwide Augmented and Virtual Reality Spending Guide , Worldwide Big Data and Analytics Spending Guide , Worldwide Black Book: 3rd Platform Edition , Worldwide Black Book: Live Edition , Worldwide Black Book: Service Provider Edition , Worldwide Blockchain Spending Guide , Worldwide Connected Consumer Spending Guide , Worldwide Customer Experience Spending Guide , Worldwide Digital Economy and Ecosystems Spending Guide , Worldwide Digital Transformation Spending Guide , Worldwide ICT Spending Guide: Industry and Company Size , Worldwide Internet of Things Spending Guide , Worldwide IT Spending Guide: Line of Business , Worldwide Public Cloud Services Spending Guide , Worldwide Robotics and Drones Spending Guide , Worldwide Security Spending Guide , Worldwide Small and Medium Business Spending Guide , Worldwide Smart Cities Spending Guide , Worldwide Technology Employment Impact Guide


Regions Covered

Worldwide


Topics Covered

COVID-19, Global IT and economic markets


Vertical Markets

Connected banking, Effective national government, Experiential retail


Content


Get More

When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.



Related Links

Do you have questions about this document
or available subscriptions?

Contact Us