The world will witness a 13.6% drop in shipments of devices — PCs, tablets and mobile phones — in 2020, meaning that total shipments will be 1.9 billion units, the tech research firm Gartner has forecast.
Global spending on IT is trending down, with the technology analyst firm IDC says it now expects a drop of 5.1% to US$2.25 trillion due to the coronavirus pandemic.
A number of indicators for IT spending backs forecasts that while 2020 may see a decrease in overall tech spending, there is scope for short-term investments by businesses as part of their response to the coronavirus pandemic.
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Neoliberal thinking. Everything has to make a profit.
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