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IT, business services revenue to rebound this year after contraction in 2020 - IDC

Tuesday 13 April 2021 | 13:34 CET | News
IT and business services revenue contracted a bit in 2020, by 1.16 percent year-on-year in constant currency and by 1.53 percent in dollar denominated revenue, but still stayed above USD 1 trillion, a study showed from IDC, which said the decline was milder than forecast in September. A strong rebound is now also seen for this year and 2022, with growth expected at around 4 percent for both years, compared to earlier projections of 2 and 3.2 percent respectively.

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Categories: General
Countries: World
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