Global IT services spending to reach $553 bln in 2004, grow at 6.9% a year

Despite geopolitical unrest, IDC sees no dampening effect on the services industry spending expectations so far in 2004. Companies and governments will spend $553 bln on external services in 2004, and IDC forecasts worldwide services spending to continue at a compound annual growth rate (CAGR) of 6.

Despite geopolitical unrest, IDC sees no dampening effect on the services industry spending expectations so far in 2004. Companies and governments will spend $553 bln on external services in 2004, and IDC forecasts worldwide services spending to continue at a compound annual growth rate (CAGR) of 6.9% over the next five years.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All