
Europe IT Services Market Summary, Competitive Analysis and Forecast to 2027
Description
Europe IT Services Market Summary, Competitive Analysis and Forecast to 2027
Summary
IT Services in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The IT services industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market and the infrastructure services market. Values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that particular calendar year.
- The European IT services industry had total revenues of $389.3 billion in 2022, representing a compound annual growth rate (CAGR) of 11.1% between 2017 and 2022.
- The infrastructure services segment accounted for industry's the largest proportion in 2022, with total revenues of $268.6 billion, equivalent to 69% of the industry's overall value.
- Despite the global economic downturn and rising prices, the European IT services industry still saw significant growth, and it is expected to continue to expand in the coming years. This is a result of increased operational resilience demands, accelerated investments in digital transformation, and improved operating resilience requirements.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in Europe
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe it services market with five year forecasts
- What was the size of the Europe it services market by value in 2022?
- What will be the size of the Europe it services market in 2027?
- What factors are affecting the strength of competition in the Europe it services market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's it services market?
Table of Contents
56 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What has been the recent M&A activity?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Accenture plc
- 8.2. International Business Machines Corporation
- 8.3. Capgemini SE
- 8.4. Hewlett Packard Enterprise Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. About MarketLine
- List of Tables
- Table 1: Europe IT services industry value: $ billion, 2017–22
- Table 2: Europe IT services industry category segmentation: % share, by value, 2017–2022
- Table 3: Europe IT services industry category segmentation: $ billion, 2017-2022
- Table 4: Europe IT services industry geography segmentation: $ billion, 2022
- Table 5: Europe IT services industry value forecast: $ billion, 2022–27
- Table 6: Accenture plc: key facts
- Table 7: Accenture plc: Annual Financial Ratios
- Table 8: Accenture plc: Key Employees
- Table 9: Accenture plc: Key Employees Continued
- Table 10: Accenture plc: Key Employees Continued
- Table 11: Accenture plc: Key Employees Continued
- Table 12: International Business Machines Corporation: key facts
- Table 13: International Business Machines Corporation: Annual Financial Ratios
- Table 14: International Business Machines Corporation: Key Employees
- Table 15: International Business Machines Corporation: Key Employees Continued
- Table 16: International Business Machines Corporation: Key Employees Continued
- Table 17: Capgemini SE: key facts
- Table 18: Capgemini SE: Annual Financial Ratios
- Table 19: Capgemini SE: Key Employees
- Table 20: Capgemini SE: Key Employees Continued
- Table 21: Hewlett Packard Enterprise Company: key facts
- Table 22: Hewlett Packard Enterprise Company: Annual Financial Ratios
- Table 23: Hewlett Packard Enterprise Company: Key Employees
- Table 24: Hewlett Packard Enterprise Company: Key Employees Continued
- Table 25: Europe size of population (million), 2018–22
- Table 26: Europe gdp (constant 2005 prices, $ billion), 2018–22
- Table 27: Europe gdp (current prices, $ billion), 2018–22
- Table 28: Europe inflation, 2018–22
- Table 29: Europe consumer price index (absolute), 2018–22
- Table 30: Europe exchange rate, 2018–22
- List of Figures
- Figure 1: Europe IT services industry value: $ billion, 2017–22
- Figure 2: Europe IT services industry category segmentation: $ billion, 2017-2022
- Figure 3: Europe IT services industry geography segmentation: % share, by value, 2022
- Figure 4: Europe IT services industry value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the IT services industry in Europe, 2022
- Figure 6: Drivers of buyer power in the IT services industry in Europe, 2022
- Figure 7: Drivers of supplier power in the IT services industry in Europe, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in Europe, 2022
- Figure 9: Factors influencing the threat of substitutes in the IT services industry in Europe, 2022
- Figure 10: Drivers of degree of rivalry in the IT services industry in Europe, 2022
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