target audience: TECH SUPPLIER Publication date: Aug 2022 - Document type: Web Conference Proceeding: Tech Supplier - Doc Document number: # US49619422
State of the Market: IT Spending and Recession Impact by Industry
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
Abstract
This IDC Web Conference provides an update on the state of the IT market and the outlook for technology budgets in 2022–2023, with a focus on vertical industry trends and forecasts. As the global economy enters what many believe will be a global recession, IT projects remain highly prioritized as part of renewed efforts toward achieving digital transformation. Against a challenging backdrop of rising inflation and weakening growth, organizations of all types are adjusting IT budgets to a new economic outlook and building contingency plans for the next 18 months. The impact of a weakening economy will vary significantly across geographies, industries, and business types.