target audience: TECH SUPPLIER Publication date: Dec 2024 - Document type: Market Forecast - Doc Document number: # US51695524
Worldwide Services Forecast Update, 2024–2028
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Abstract
This IDC study updates the forecast for the worldwide services market for 2024–2028.
“While inflation seems to have stabilized, macroeconomic challenges continue to impact organizational spending in 2024, resulting in the services’ growth in the low single digits for 2024 and rest of the forecast period,” said Nishant Bansal, associate research director with IDC’s Worldwide Services program. “Organizations will continue to invest in cloud migration and automation initiatives that incorporate AI, with a keen focus on enhancing security to prepare a cyber-resilient enterprise.”