TECH SUPPLIER Aug 2022 - IDC Survey - Doc # US49564322

U.S. Consumer Tech Purchase Index, 2Q22: Services Spend

By:

Mehmet Kemal,
David Myhrer
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Abstract

This IDC Survey highlights the U.S. consumer tech purchase index for services spend of 2Q22. The U.S. consumer tech spend accelerated in 2Q22, rising 12% as expenditures on devices surged in the year-over-year quarterly comparisons. Service growth was flat for the quarter, with 3% growth in standalone services canceled out by a 6% decline in bundled services. Within standalone services, the top performers in terms of growth in spending came from video streaming and gaming services.


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