Peru Information Technology Q1 2020
We anticipate robust and sustained growth in IT spending in Peru over the medium term (2020-2023) that will be drivenprimarily by the greater levels of IT utilisation by the private and public sector as they undertake strategic modernisation andexpansion initiatives. This will compensate for a sluggish retail hardware market where PC demand has been put on a permanentlylower trajectory after use-case cannibalisation by smartphones. The most significant downside risks are derived from the tiesbetween Peru's economic and currency outlook with the global copper price and China's economy, while domestic politicaldisputes are another potential source of downside.
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