International Data Corporation (IDC) currently forecasts worldwide IT spending to decline 2.7% this year due to the economic impact of the COVID-19 pandemic. While every industry will be affected by the global slowdown, some will reduce their IT spending more than others. In the first of several special releases to the Worldwide ICT Spending Guide: Industry and Company Size, IDC provides an industry-level assessment of how COVID-19 will impact IT spending.
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