target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Share - Doc Document number: # EUR149442723
European IT Services Market Share, 2022: Digital Business and Cloud-Related Initiatives Fuel Growth
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Abstract
This IDC Market Share study examines how the market shares of the largest IT services providers in Europe evolved in 2022. It further analyzes market developments and dynamics during the year.
"The European IT services market achieved robust growth in 2022, expanding 7.2% year on year. This growth is driven by accelerated cloud migration and modernization programs, as well as a surge in digital business initiatives. More than one-third of the top 30 services providers in the region recorded double-digit revenue increases during the year." — Senior Research Manager Milan Kalal, IT services, IDC Europe