Gartner Information Technology Research

Invest Implications: Forecast Alert: IT Spending, Worldwide, 2Q20 Update

Published: 26 August 2020

ID: G00734595

Analyst(s): Andrew Neff , Adam Woodyer , Frank Marsala , Sandra Notardonato


Worldwide IT spending growth in 2020 will decline 7.3% (in U.S. dollars) and 5.5% (in constant currency). The growth slump due to the COVID-19 global economic recession pushes some spending into 2021, resulting in IT spending growth of 4.3% and 4.0%, respectively.

Table Of Contents

Investment Implications

What to Watch For

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