'Businesses are much more cost-conscious than a year ago': IT spend set to slow in 2023, says IDC

This month’s worldwide IT spending growth forecast reports growth at 4.8 per cent to $3.27tn

Andrea Gaini
clock • 3 min read
'Businesses are much more cost-conscious than a year ago': IT spend set to slow in 2023, says IDC

Vendors and resellers experienced a sharp decline in growth while others continued to benefit from long-term enterprise commitment to cloud, digital transformation and security investments.  Acc...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
PC market shows signs of recovery with third consecutive quarter of growth

Research

AI buzz and commercial demand is driving global PC market rebound

clock 10 July 2024 • 2 min read
European AI and genAI market set to nearly triple by 2027 - IDC

Research

Europe represents around one-fifth of the global AI market according to the study

clock 22 March 2024 • 3 min read
Semiconductor market will bounce back in 2024, says IDC

Research

Market drivers include AI, high-performance computing and stable smartphone and PC sales

clock 21 December 2023 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Research

GenAI affecting IT spending across all sectors as Gartner forecasts 7.5 per cent growth

GenAI affecting IT spending across all sectors as Gartner forecasts 7.5 per cent growth

IT spending is projected to reach over $5tr in 2024 according to the research institute

Andrea Gaini
clock 17 July 2024 • 2 min read
PC market shows signs of recovery with third consecutive quarter of growth

PC market shows signs of recovery with third consecutive quarter of growth

AI buzz and commercial demand is driving global PC market rebound

Andrea Gaini
clock 10 July 2024 • 2 min read
2023 cloud services revenues up nearly 20 per cent fuelled by AI investment

2023 cloud services revenues up nearly 20 per cent fuelled by AI investment

IDC expects global public cloud services revenue will surpass $800bn in 2024, an increase of 20.5 per cent over 2023

Andrea Gaini
clock 11 June 2024 • 3 min read