TECH SUPPLIER Jun 2020 - IDC Survey - Doc # US46605020

COVID-19 Impacts on 2020 Enterprise 5G and Mobility Spending

By: Jason LeighResearch Manager, Mobility

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Abstract

This IDC Survey examines the 5G, mobile devices, and telecom services results of IDC's COVID Impact on IT Spending Survey. The biweekly tracking survey has been conducted in five waves since the last week of April 2020 and captures spending sentiment across a number of IT categories, as well as broader expectations around longevity and economic impact of COVID-19.

"While the knee-jerk reaction is to expect widespread contraction in 5G spending in 2020 as the country locked down in the second quarter, a fair number of respondents recognize how COVID-19 has amplified the importance of connectivity of all types and are continuing to invest accordingly," says Jason Leigh, research manager, Mobility and 5G, at IDC. "5G is very much a long-term play and maintaining investment levels now will pay dividends in the forms of shorter time to market and faster returns on investment."


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