In August of 2020, the International Data Corporation (IDC) which is the leading international provider of advisory services and market intelligence for IT service companies projected the year’s global revenue to be $4.8 trillion, contrasting the former estimate of $5.2 trillion.Įven though the IT industry did better than any other sector or industry during the pandemic, the qualms that befell it in terms of postponement of major investments and serious diminution in spending patterns could not be evaded. Things like IoT, cloud computing, cyber attacks, online security, etc are the best IT services served to clients the best services. Walking into 2021, the World’s top 10 IT companies or industries witnessed a little hitch as regards its general revenue.Īs per industry reports, the top IT companies in world are spending money more than $4.5 trillion.
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