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Tariff Uncertainty Leads IDC to Downgrade Global IT Spending Forecast, IDC Now Says Between +5% and +9%
Tariff Uncertainty Leads IDC to Downgrade Global IT Spending Forecast, IDC Now Says Between +5% and +9%

Business Wire

time08-05-2025

  • Business
  • Business Wire

Tariff Uncertainty Leads IDC to Downgrade Global IT Spending Forecast, IDC Now Says Between +5% and +9%

NEEDHAM, Mass.--(BUSINESS WIRE)--Join International Data Corporation (IDC) for its latest State of the Market discussion, where leading analysts will examine the economic impact of newly imposed tariffs, the resulting shifts in global supply chains, and the revised global IT spending outlook—now forecast to grow between 5% and 9% amid rising uncertainty. Tariff Uncertainty Leads IDC to Downgrade Global IT Spending Forecast, IDC Now Says Between +5% and +9% Share Key questions analysts will address: How could new tariffs and other economic policies impact global IT spending in 2025 and 2026? Which countries and market sectors will be most affected in terms of slower investment growth or declines? When and where will supply chain transformation take hold, and how will it reshape the structure of the global Information and Communication Technology (ICT) industry? What can technology vendors do now to position themselves for success amid today's chaos, uncertainty, and industry transformation? Event & Registration Details: Date & Time: Where to Register: 'Consumers are likely to feel a significant pinch from these tariffs. We anticipate increased costs for popular tech like iPhones and earbuds, with potential 'collateral' price hikes for PCs due to component sourcing. Beyond price, expect supply chain disruptions leading to limited product selection and potential delays. While not immediate, long-term infrastructure investments in servers could also slow, eventually impacting service performance and new feature rollouts for consumers,' said Crawford Del Prete, president of IDC. "The 90-day delay on tariff implementation has left the global economy mired in uncertainty, at least until the second half of 2025. We at IDC are explaining what this all means, from short-term spending forecasts to long-term supply chain transformation. Regarding IT spending forecasts, the impact of tariff uncertainty on business conditions, and overall market transformation, our updated Black Book summary indicates we're seeing tariff uncertainty already impacting business conditions in North America, leading to a decrease in our baseline IT spending forecast,' said Stephen Minton, group vice president, Data & Analytics, IDC. IDC Analysts & Key Focus Areas Available for Interviews: With more than 1,000 analysts spanning over 110 countries, IDC's award-winning team of researchers can speak on technology and trade with respect to tariffs from nearly every angle. IT and Consumer Spending Trends Crawford Del Prete, IT Trends, Worldwide Stephen Minton, ICT Spending & Macroeconomics Kitty Fok, IT Market and Emerging Technologies, China Praveen Datta, Canadian Communications Market Drivers and Strategies Tetsuya Maruyama, IT Spending Guide, Data & Analytics, Japan Mobile Phones, PC Monitors & Consumer Devices Ryan Reith, Worldwide Device Tracker Nabila Popal, Mobile Phones & Consumer Devices, Worldwide Bryan Ma, Devices Research, Asia Pacific Kiranjeet Kaur, Devices Research, Asia Pacific Manufacturing & Automotive Simon Ellis, U.S. Manufacturing Insights and Global Supply Chain Strategies Kevin Prouty, Tech Buyer Business Semiconductor Mario Morales, Enabling Technologies and Semiconductors Helen Chiang, Semiconductor Research, Asia Pacific Media & Entertainment Alex Holtz, Worldwide Media & Entertainment Digital Strategies Lewis Ward, XR, Gaming, and Interactive 3D Software About IDC International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

The Evolution of Sustainability Strategies of Companies Operating in Emerging Markets
The Evolution of Sustainability Strategies of Companies Operating in Emerging Markets

Associated Press

time05-03-2025

  • Business
  • Associated Press

The Evolution of Sustainability Strategies of Companies Operating in Emerging Markets

Introduction The last five years has seen a rapid evolution in sustainability strategies for infrastructure and energy companies. We recently conducted a study with the International Finance Corporation (IFC) of more than 100 companies that operate in emerging markets to identify trends in sustainability priorities, reporting practices and how strategies are anchored and financed at these companies. Methodology The study included 104 companies across six sectors: Energy, Technology, Media, and Telecom (TMT), Transport, Mining, Water & Waste, and 'Cross-Cutting' companies with operations across more than one sector. Data was gathered from publicly available documents, company websites, and databases like S&P Capital IQ and LSEG Data & Analytics. This information was analyzed using a sector performance model developed by KPMG which considered 51 KPIs across Strategy, Governance, KPI & Data Reporting, Environmental, Social, and Community Benefit-Sharing. Key findings 1. Companies are embracing sustainable finance 51% of the companies studied used sustainable finance. Among the financial instruments most used by the companies, green bonds (53%) lead, followed by sustainability-linked bonds (30%) and loans (25%). Moreover, 25% of the companies have sought support from DFIs and multilateral development banks such as IFC, EBRD and ADB. Among the six major sectors these companies are operating, Water & Waste (75%), and Energy (74%) sector companies are leading in terms of the use of sustainability-linked finance whereas Transport sector companies (16%) trail the companies in other sectors. 2. Increased disclosure on gender equality data Most companies have disclosed gender-related data, indicating a growing commitment to transparency and accountability. Standout sectors include mining and energy while sectors with opportunities to enhance disclosures include TMT, transport, water, and waste sectors. Despite increased disclosure and reporting, fewer companies publicly disclose targets for gender diversity. Further, there is opportunity to encourage a comprehensive approach to inclusion that goes beyond gender to include other key areas such as disability, underserved groups and communities depending on the operational and geographic contexts these companies are operating in. 3. Decarbonization targets and nature-based solutions We reviewed company-specific targets across Scopes 1, 2 and 3 as well as whether these were structured as carbon neutral or net-zero targets. The analysis showed that: Across all sectors, there is limited progress in Scope 3 reduction targets by the companies analyzed. 44% of companies do not disclose Scope 3 emissions. 4. Increasing focus on nature Companies are increasingly prioritizing biodiversity by integrating it into their operations through conservation, restoration, innovative solutions, and sustainable land management. As part of their resilience strategy, companies are prioritizing nature-based solutions and initiatives that help drive the global energy transition and combat climate change. However, the adoption rate of sustainable disclosure standards on this newer topic remains lower and slower than many others: Only 10 out of 104 companies analyzed are the adopters of Taskforce on Nature-related Financial Disclosures (TNFD). 5. Evolving efforts on community benefit-sharing Based on the analysis of twenty-five companies in energy and infrastructure sectors on their community-benefit sharing efforts, the majority (84%) have been disclosing education and skill-focused initiatives with measurable impact. Other areas include humanitarian support/environmental protection (48%), health-related projects (44%) community climate resilience initiatives (8%). Across sectors there is also priority placed on disclosing impacts in Latin America and Africa, with a focus on cultural heritage preservation, access to improved infrastructure and services, community-level education, and healthcare improvement, among others. The path forward: Overcoming challenges and accelerating impact

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