The global Information Technology (IT) and business services market is forecast to decrease by around 10 percent in 2020 compared to 2019 due to impact of the coronavirus pandemic. The expenditure for IT and business services products and services is forecast to drop to 1,050 billion U.S. dollars in 2020.
Information technology (IT) and business services spending worldwide from 2019 to 2020
(in billion U.S. dollars)
Characteristic
Spending in billion U.S. dollars
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HFS Research. (June 2, 2020). Information technology (IT) and business services spending worldwide from 2019 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/587039/worldwide-total-enterprise-it-spending/
HFS Research. "Information technology (IT) and business services spending worldwide from 2019 to 2020 (in billion U.S. dollars)." Chart. June 2, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/587039/worldwide-total-enterprise-it-spending/
HFS Research. (2020). Information technology (IT) and business services spending worldwide from 2019 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/587039/worldwide-total-enterprise-it-spending/
HFS Research. "Information Technology (It) and Business Services Spending Worldwide from 2019 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Jun 2020, https://www.statista.com/statistics/587039/worldwide-total-enterprise-it-spending/
HFS Research, Information technology (IT) and business services spending worldwide from 2019 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/587039/worldwide-total-enterprise-it-spending/ (last visited July 22, 2024)
Information technology (IT) and business services spending worldwide from 2019 to 2020 (in billion U.S. dollars) [Graph], HFS Research, June 2, 2020. [Online]. Available: https://www.statista.com/statistics/587039/worldwide-total-enterprise-it-spending/