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Markets and Trends

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While the news about the economic downturn has weighed heavily on the ICT market, it’s crucial to make decisions grounded in research. There are tools available that you should be using to drive your decisions, and those tools are grounded in tech market data to help you better understand your specific markets and navigate your next moves.

While not as exposed as European nations, Asian nations, will undoubtedly feel the spillover effects of the economic sanctions on Russia, as will the ICT industry in Asia/Pacific. IDC expects that sanctions, commodity shortages, and higher prices for oil and gas as well as other essential goods will further fuel inflationary pressures and damage ICT supply chains that support the regional consumer electronics/semiconductor manufacturing as well as distribution industries.