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IT services spending enters six-year slowdown, growth rate to halve by 2029 - London Tech News

Summary by London Tech News | londonlovestech.com
For the past five years, companies and organizations worldwide have been spending well over $1 trillion on IT services per year, including IT and business process outsourcing and IT consulting and implementation. But after years of double-digit growth, the market faces a significant slowdown, which will cut the annual spending growth rate in half. According to data presented by Stocklytics.com, the annual growth rate in the IT services sector wi…
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London Tech News | londonlovestech.com broke the news in on Tuesday, May 13, 2025.
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