Quarterly Industry Review- June 2020
Blog: NASSCOM Official Blog
- Global Economy
- Global economic growth expectations take a significant hit as economic activity takes a hit amidst countries fighting the Covid-19 pandemic with lockdowns
- IT-BPM Industry Performance
- Revenue declined 1.5 per cent Q-o-Q, as demand disruption from global lockdowns started to show impact in March 2020
- Performance by Regions and Verticals
- All regions registered a sequential decline in revenues, with EMEA and North America registering growth Y-o-Y; All verticals except manufacturing registered growth sequentially, while all segments sustained Y-o-Y growth
- Other Operational Metrics
- Fixed price revenue share continues to increase, maintain its lead with over 59 percent; Client metrics improved off sustained deal momentum till February 2020
Find the full report at NASSCOM Website https://www.nasscom.in/knowledge-center/publications/quarterly-industry-review-june-2020
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