Greece IT Services Market 2012–2016 Forecast and 2011 Vendor Shares

This IDC study presents the IT services industry in Greece in 2011 and forecasts expenditures on IT services through 2016. The study contains market size, vendor market shares, and forecasts for 13 foundation market categories.

The study ranks the top IT services providers by their 2011 revenues and includes detailed profiles of IT services portfolios for the top five, their presence in individual vertical markets, and their largest contracts. The top service providers for each of IDC's foundation market categories are also provided.

The study answers the following questions:

• What are IDC's predictions for spending on IT services in Greece? What are the assumptions behind the forecast numbers and what impact will these have on the market forecasts?
• What are the new trends in IT services delivery on the Greek market, such as outsourcing?
• Who are the Greek market leaders based on service revenue and what are their strengths, weaknesses, and strategies for the future?

"The Greek IT services market experienced a dreadful year in 2011, as domestic organizations continued to face a toxic mix of economic and political uncertainty, a widening recession, and declining business and consumer confidence. Moreover, the liquidity problems of the banks led to a freeze in credit lines, which, coupled with the state's difficulty in paying its obligations, have created ripple effects in the economy with all market segments feeling the impact." – Research Analyst Vangelis Karanikas, IDC Greece