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European Managed Services Market Shares, 2022: Spending Slows Down Amid Recession Fears

Publisher IDC
Published Jun 27, 2023
Length 8 Pages
SKU # IDC18029765

Description

European Managed Services Market Shares, 2022: Spending Slows Down Amid Recession Fears


Challenging market conditions resulted in organizations being more cautious in entering new or extending their managed services engagements, which resulted in single-digit growth in constant currency in 2022. Nevertheless, digital pockets of spending such as cloud-related managed services maintained the positive momentum we have seen over the past two years, said Francesca Ciarletta, lead analyst for European managed cloud services market in Europe, based in London.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Accenture
Atos
Kyndryl
Tata Consultancy Services
Market Context
Significant Market Developments
Macroeconomic Uncertainty Puts a Damper on Managed Services Spending
Vendors Reshuffle to Continue to Reflect Shift in Competitive Dynamics
Methodology
Impact of Exchange Rates
Market Definition
Related Research

Pricing

Currency Rates
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