target audience: TECH SUPPLIER Publication date: Oct 2022 - Document type: Market Share - Doc Document number: # EUR249684922
European IT Services Market Share, 2021: The European Services Market Returns to 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 2021, as well as presenting the prevailing market developments and dynamics for the year.
“The European IT services market returned to growth in 2021, following the slight decline of 2020. Upwards of 85% of services providers recorded year-on-year revenue increases in the region. The performance of the market was aided by the need for digital transformation in European organizations, in the context of easing pandemic restrictions, resulting in mid-single-digit growth for managed, project-oriented, and support services during the year.” — Senior Research Manager Matthew Wilkins, IDC European Services