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)
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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 January 02, 2025, 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 January 02, 2025. 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: January 02, 2025. 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 January 02, 2025)
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/
