target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Forecast - Doc Document number: # US48430622
Worldwide Services Forecast Update, 2022–2026
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Abstract
This IDC study updates the 2022–2026 market sizing and growth rates for the worldwide services market forecast published in July 2022.
"Continued economic uncertainty pressurized 2022 periodically, resulting in the services growth in the mid-single digits for the rest of the forecast period," said Sangeetika Srivastava, associate research manager with IDC's Worldwide Services program. "Despite the current economic pressures, the growth will be primarily driven by the vendors' commitment toward digital investments and overall growth in 3rd Platform IT spend post-COVID-19 pandemic."