Gartner Information Technology Research

Forecast Analysis: Global Recession Scenario

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.

Table Of Contents


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.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.