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Worldwide Digital Business Professional Services Forecast, 2024–2028

Publisher IDC
Published Jul 27, 2024
Length 13 Pages
SKU # IDC19024002

Description

Worldwide Digital Business Professional Services Forecast, 2024–2028


This IDC study examines the market for digital business professional services, which is forecast to grow low double digits with a CAGR of 14.2% and is expected to reach nearly $450 billion by 2028. The forecast model is based on the professional services spending estimates created by IDC services analysts worldwide, which are then modeled and adjusted using IDC's Worldwide Digital Transformation Spending Guide. "A prolonged state of economic and business uncertainty is keeping many organizations cautious with their IT spending," said Erin Hichman, research manager for IDC's Digital Business Professional Services program. "Though, in the face of this, becoming and operating as a digital business is more critical than ever — keeping IT spending growth in the foreseeable future."

Please Note: Extended description available upon request.

Table of Contents

13 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Spending on New Technologies

Operation of Digital Products and Services

Inhibitor

Prolonged State of Economic and Business Uncertainty

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

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Pricing

Currency Rates
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