Archive · 19 May 2025
Everest Group Founder: Tariffs and Tech Market Dynamics
Imagine the US was worried about a recession.
An analyst says that if the US stops using tariffs, it will boost the tech industry and reduce the chance of a recession.
This is because companies have been hesitant to spend on new tech due to uncertain rules.
Now, these companies are expected to start investing in tech again.
However, new technologies like AI are changing the business, making things tough for tech companies.
If there is a recession, the tech market could shrink a little.
The Trump administration's shift on tariffs may lessen the chances of a US recession.
This shift is expected to boost the global tech services market.
Uncertainty over tariffs has slowed technology demand in the US.
AI adoption and its effect on IT business models is a key challenge.
A recession could lead to a 2-3% contraction in the tech services market.
- Who
- Peter Bendor-Samuel, founder of Everest Group
- What
- Analyzing the impact of the Trump administration's policies on the tech services market, focusing on tariffs and AI.
- When
- Analysis given as of May 17, 2025, discussing the current state and future prospects.
- Where
- United States
- Why
- To analyze the impact of the Trump administration's policies on the tech services market.
- Analyst
- Peter Bendor-Samuel
- Analyst Organization
- Everest Group
- Publication Date
- May 17, 2025
- IT Industry's Most Pressing Issue
- Uncertainty over tariffs