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Forecast Alert: IT Spending, Worldwide, 3Q20 Update


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Summary

Worldwide IT spending growth in 2020 is −5.4% (in U.S. dollars) and −3.6% (in constant currency), with a 1.9 point upward revision from last quarter. COVID-19, Brexit and trade war risks will inhibit global recovery for most of 2021. Forecast IT spending growth for 2021 is 4.0% (in U.S. dollars).

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