Europe IT Services Forecast Update, 2014–2019
Total IT services will grow by a CAGR of 1.9% in 2014-2019. This marks a 0.1% increase from the 1Q15 forecast."European countries see different economic trends, and local conditions have a strong impact on the services forecast. There is therefore no general trend in the update — the forecast for some countries, especially Italy and Ireland, has been increased in the short term, while for others, such as Greece and Finland, it has been decreased," said Mette Ahorlu, research director, IDC European Services. "This clearly shows that Europe is not one market, and vendors will need to understand the local conditions when prioritizing their resources and deciding their offering and messaging for each market."
Please Note: Extended description available upon request.
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