Published: 01 April 2020
ID: G00717982
Analyst(s): John-David Lovelock , Ranjit Atwal , Stephanie Baghdassarian , Fabrizio Biscotti , Colleen Graham , Adrian O'Connell , Linglan Wang , Kiyomi Yamada , Robert Preston , Grigory Betskov , Peter Middleton
This document shows an alternative version of the IT spending forecast, assuming a global recession due to COVID-19. In this scenario, worldwide IT spending will reach $3.56 trillion in 2020, having annual growth of negative 5.0% in constant currency.
Overview
Forecast Data Summary
Forecast Model Summary
Influencing Factors and Assumptions
Gartner Recommended Reading
Note 1: 2020 Constant-Currency Annual Growth Rates by Region and Market
©2021 Gartner, Inc. and/or its affiliates.
All rights reserved.
Gartner is a registered trademark of Gartner, Inc. and its affiliates.
This publication may not be reproduced or distributed in any form without Gartner’s prior written permission.
It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact.
While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information.
Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such.
Your access and use of this publication are governed by Gartner’s Usage Policy.
Gartner prides itself on its reputation for independence and objectivity.
Its research is produced independently by its research organization without input or influence from any third party.
For further information, see Guiding Principles on Independence and Objectivity.