IT
Tariffs and geopolitics may drive down global tech spending growth
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Global technology spending this year would likely fail to hurdle the $6-trillion barrier as tariffs dictate Washington’s rather unorthodox financial statecraft, making it difficult for even the boldest of businesses to commit mega funds to longer-gestation projects.
Expectations of IT business growth in 2025 have been successively slashed by all leading forecasters — Canalys, Forrester, Gartner and IDC — since tariffs first raised their ugly head in bilateral discussions in the Spring. Estimates have since then generally headed south, as…
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