Executive Snapshot

Figure: Executive Snapshot: The Impacts of the Omicron Wave, U.S. Restrictions on China Companies, and Russia–Ukraine War on the China ICT Market and Global Supply Chains

In This Market Note

IDC's Point of View

The Impact on China ICT Vendors

Table: Software and IT Services Spend in China (2020–2024)

The Impact on China ICT Buyers

Table: Best, Most Probable and Worst-Case Scenarios on China IT Spending (2021–2023)

The Impact on the Global Supply Chain

Summary

Table: Implications of Omicron Wave, Delisting of Chinese Companies, and Russia–Ukraine War

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Synopsis