2023 Forecast for Worldwide IT Spending Lowered for Fifth Consecutive Month Due to Weakening Economy
Worldwide IT spending growth, technology investments are showing the impact of a weakening economy, leading to a reduction in IDC’s 2023 forecast for the fifth consecutive month. IDC projects a 4.4% growth in constant currency to reach $3.25 trillion in IT spending this year, slightly down from 4.5% in the previous month’s forecast. This represents … Read more