Colombia Information Technology Q4 2020

Colombia Information Technology Q4 2020

Key View:

The Colombia IT market forecast was revised down in the Q420 update because of a surge in Covid-19 cases in August2020, which saw a reintroduction of lockdown restrictions. The core scenario is for a slowdown in IT market growth in 2020 - due tolower levels of business investment as export industries are seeing weaker external demand and uncertainty - before a reboundtakes place in 2021, when the deployment of potential vaccine brings higher levels of IT investment. This core scenario is, however,subject to uncertainty because of the possibility of a second wave of infections, delays in the deployment of a potential vaccine, oreconomic scarring from the acute phase of the crisis weighing on levels of investment and consumption over the medium term.

Key View
Information Technology SWOT
Industry Forecast
Industry Risk/Reward Index
Covid-19 Disrupts Americas' IT Spending, Digital Transformation Initiatives To Underpin Recovery
Market Overview
Industry Trends And Developments
Competitive Landscape
Regional Overview
Colombia Demographic Outlook
Information Technology Methodology

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