Study Predicts B2B Tech Sector Will Decline In 2022
However, it is expected to rebound in 2023
The U.S. B2B technology sector is headed for a 2 percent decline in 2022, according to NPD’s Future of B2B Technology. But the study released Monday also forecasts a 3 percent sales hike in 2023, when channel sales will top $106 billion, it says.
The decline in 2022 will be partly attributable to a return to normal for products that surged over the past two years -- i.e., Notebooks, Chromebooks and work-from-home tools such as USB cameras, monitors and keyboards.
The projected Chromebooks slowdown will result from a return to in-person learning, NPD predicts. But software and cloud infrastructure sales will see an uptick.
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