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IT-market in Europe will begin to recover from the impact of the coronavirus in 2021
Gartner Releases Latest Forecast for the Information Technology (IT) Market in EMEA, which includes Europe, including Russia, the Middle East and Africa.
In its estimates, Gartner takes into account shipments of systems for data centers, shipments of enterprise-class software and various equipment, as well as expenses in the field of communication and information technology services.
Analysts believe that by the end of this year, the volume of the IT market in the EMEA region will be approximately $ 1.046 trillion. This will correspond to a 6.5% drop over last year.
Experts say the current picture is due to the difficult economic environment and the pandemic that has hit many areas of the information technology industry hard.
However, as early as next year, according to Gartner experts, the market will begin to recover from the impact of the coronavirus. Total growth is expected to be 2.8%, which will bring the volume of $ 1.075 trillion.
The highest rates of increase in shipments are projected for the areas of systems for data centers and enterprise-class software. This is due to the sharply increased demand for cloud services, teleworking platforms and distance learning.