Lockdown: Global IT spend to shrink 8% in 2020, says Gartner1 min read 13 May 2020, 03:53 PM IST
Spending on devices and data centre systems will see a significant drop of up to 15.5% and 9.7% respectively in 2020
Public cloud services will see a 19% increase in spending due to growing remote working requirements
NEW DELHI: A boom in demand for specific digital services during the pandemic-induced lockdown notwithstanding, global IT spending is likely to shrink 8% in 2020 at an estimated $3.4 trillion, Gartner Inc has forecast.
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