IDC lowers IT spending forecast to decline 5.1% in 2020
Worldwide IT spending is now expected to decline 5.1% in constant currency terms this year to $2.25 trillion, as the economic impact of the COVD-19 pandemic continues to drive down…
Worldwide tablet shipments continue to decline in Q120
The ongoing COVID-19 pandemic furthered the decline of the worldwide tablet market as global shipments fell to 24.6 million units, down 18.2% year over year during the first quarter of…
IDC: Drop in IT spending in nearly every industry in 2020 due to COVID-19
International Data Corp. (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…
New IDC COVID-19 Tech Index points toward declines in IT spending
A new index of leading indicators for IT spending launched recently by the International Data Corp. (IDC) supports recent forecasts that point toward declines in overall tech spending in 2020,…
IDC: Traditional PC shipments saw sharp decline in Q120
The increase in the number of employees working from home due to government-sanctioned lockdowns should have helped spike PC shipments. However, recent figures from market research firm International Data Corp.…
IDC: Worldwide IT spending to decline by 2.7% in 2020
While technology proved crucial in responding to the COVID-19 pandemic, the International Data Corp. (IDC) expects worldwide IT spending to decline by 2.7% in constant currency terms this year. The…
IDC: How the rising digital economy impacts the CEO agenda
Over the past five years, International Data Corp. (IDC) has been documenting the rise of the digital economy and the digital transformation that organizations must undergo to compete and survive…