European Digital Transformation Spending Forecast, 2020–2025

European Digital Transformation Spending Forecast, 2020–2025

This IDC Market Forecast projects future spending on strategic priorities related to digital transformation in Europe. It provides an overview of the market context, and in-depth examination of key drivers and inhibitors, and essential guidance for developing productive and lasting business relationships with IT buyers. "In Europe, the shift to a digital-first economy and changes in organizational mindsets will support double-digit growth for digital spending, which will grow four times as fast as the GDP. With digital becoming increasingly strategic and a top-line accelerator for organizations, it becomes crucial for IT vendors to understand which strategic priorities IT buyers will bet on in the short and long term" said Giulia Carosella, research manager, IDC European Digital Transformation Practice Lead.

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Digital Transformation Forecast
Digital Transformation Forecast by Sector
Digital Transformation Forecast: Digital Lanes
Market Context
Drivers and Inhibitors
New Digital Business Models
Digital for Sustainability Goals
European and Country-Level Recovery Plans
Digital Sovereignty
Lack of Skills
Significant Market Developments
Digital Sovereignty
Tech Vendors Doubling Down on the Number of Personas in the C-Suite
The Rise of Digital Natives
Changes from Prior Forecast
Market Definition
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