Russia-Ukraine war:  The Conflict will Generate a $5.5 Billion Loss for the ICT Market in 2022 | IDC Blog
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Andrea Minonne Andrea Minonne
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Russia-Ukraine war: The Conflict will Generate a $5.5 Billion Loss for the ICT Market in 2022 | IDC Blog
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The raging conflict in Eastern Europe has taken a hit on the global ICT market, and the effects of the Russia-Ukraine war will linger for years to come. According to IDC's Worldwide Black Book: Live Edition, March 2022, the conflict will generate a loss of worldwide ICT spending worth $5.5 billion in 2022. According to IDC, ICT spending is expected to grow 4% globally, against the 5% expected in the previous update.

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