Romania Information Technology Q4 2020

Romania Information Technology Q4 2020

Key View:

The Romanian IT market is forecast to continue growing in 2020, but at a much slower rate than in recent years becauseof the headwind for business investment due to the Covid-19 pandemic and lockdown policies in Romania and across the region.The IT market is forecast to return to a faster trajectory from 2021 with the deployment of a vaccine that unleashes private sectorinvestment, but considerable uncertainty remains and risks are weighted to the downside. The highest impact risk is of a secondwave of infections in winter 2020/21 that requires further lockdown, but there are also unknowns about the shape of the recoveryover the medium term and the extent to which businesses and households could maintain elevated levels of precautionary savingdue to the experience of radical uncertainty during the pandemic.

Key View
Information Technology SWOT
Industry Forecast
Industry Risk/Reward Index
Significant Downward Revisions Due To Covid-19 In Q420 Europe IT Risk/Reward Index
Market Overview
Industry Trends And Developments
Competitive Landscape
Regional Overview
Romania Demographic Outlook
Information Technology Methodology

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