IT and business services market to grow 5.2% in 2023: IDC

Worldwide IT and business services revenue is forecast to grow (in constant currency) 5.7 percent in 2022 and 5.2 percent in 2023, according to IDC report.

Forecast for IT and Business Services Market 2023
Gartner earlier said IT Services spending will grow 7.9 percent in 2023 as compared with 4.2 percent increase in 2022. IT services spending in 2023 will be $1,357.914 billion in 2023.