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Brexit and tech: Three scenarios from alright to awful

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Anthony Sullivan
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It's still hugely unclear how the UK's exit from the European Union is going to be managed or if it will even take place , but market-watchers are trying to sketch out how the breakup is likely to impact the tech industry.

Analyst IDC said there is a tendency to curb or stop discretionary investments, including non-essential IT investments and projects "very quickly in these types of situation".

Their most positive -- but least likely scenario -- has UK tech spending bouncing back by 2017, while under their most pessimistic model, it won't bounce back until 2020.

The analyst house has set out three Brexit scenarios.

Challenging - 70 percent probability

This scenario plots a downward drop in UK GDP, which will see a slight drop in UK IT spending in 2017 and 2018, but demand will recover in 2019 and 2020, and the UK IT market will return to its pre-Brexit levels by 2020.

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Anthony Sullivan
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