TECH SUPPLIER May 2020 - IDC Survey Spotlight - Doc # US46286220

COVID-19 Impact on IT Spending Survey: Expectations for Increased Security Spend Due to COVID-19 Have Waned

By: Frank DicksonProgram Vice President, Cybersecurity Products, Christina RichmondProgram Vice President, Security Services

Abstract

This IDC Survey Spotlight discusses the impact of COVID-19 on security spend. IDC is currently conducting a series of six surveys to outline the impact that COVID-19 is having on the technology industry. Survey respondents have repeatedly expressed expectations for increased security products and services spend due to the effects of COVID-19 until IDC's most recent survey returned from the field at the end of April. The survey that completed fielding on April 27 tells a more foreboding picture, foretelling of a possible softening in security spend compared with initial expectations.


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