National security: How are current global factors impacting the tech sector?
Current global factors are influencing the tech sector, in particular: tensions between the US and China and North Korea, the perceived impact of Brexit, and trends towards protectionism in purchasing technology for national security purposes.
Our 2020 European Technology Index reveals:
Governments’ foreign technology buying decisions are being influenced
65% of respondents are seeking tighter controls, particularly in the field of infrastructure, notwithstanding the arrival of the NIS Directive in 2016 on the security of network and information systems.
Ongoing tensions between the West and China are affecting trading prospects
46% of respondents support a ban on Chinese 5G core services, and 39% support a total ban on the involvement of Chinese manufacturers.
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