Worldwide IT and Business Services Forecast Shows Signs of Improvement Due to Strong Demand and the Improving Economic Outlook, According to IDC
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Wednesday, October 13, 2021
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Worldwide IT and business services revenue is expected to grow by 3.4% (in constant currency) in 2021, according to the International Data Corporation ( IDC ) Worldwide Semiannual Services Tracker .
Key Points:
- Worldwide IT and business services revenue is expected to grow by 3.4% (in constant currency) in 2021, according to the International Data Corporation ( IDC ) Worldwide Semiannual Services Tracker .
- IDC believes that the market will continue to expand through 2023 and 2024 with growth between 3.8% to 4.0% annually.
- A graphic illustrating IDC's 2019-2025 forecast for IT and business services by macro region (Americas, Asia/Pacfic, and EMEA) is available by viewing this press release on IDC.com .
- The Americas services market is forecast to grow by 2.4% in 2021, down slightly from the April forecast in constant currency.