According to IDC, global IT spending is set to grow by 5% in 2020, as software and services investment remains stable while 5G drives smartphone sales growth– but the uncertainty brought about by the coronavirus outbreak affects growth, at least in the short term.

As such, the analyst updates forecasts to show ICT spending, including IT spending in addition to telecom services (1%) and new technologies such as IoT and robotics (+16%) will increase by 6% in 2020 to $5.2 trillion.

 

 

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