'On the heels of a global pandemic, enterprise buyers face another black swan event in 2022, which will accelerate global trends' - IT services revenue poised for growth

Europe is expected to swell the most driven by EU-funded investments

Kelsey Rees
clock • 3 min read
'On the heels of a global pandemic, enterprise buyers face another black swan event in 2022, which will accelerate global trends' - IT services revenue poised for growth

Global IT and business services revenue is set to grow this year by 5.6 per cent (in constant currency), according to a projection by IDC. The research firm said the 2022 market growth represents an increase of 160 basis points from IDC's October 2021 forecast. It claims the improved market view reflects "robust 2021 bookings" and pipelines by several large services providers, an improved economic outlook (compared to the previous forecast cycle), and inflationary impact on the services...

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