target audience: TECH SUPPLIER Publication date: Jul 2023 - Document type: Market Presentation - Doc Document number: # US49866923
Industry Market Forecast: European Utilities, 2023
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Abstract
This IDC Market Presentation provides technology vendor product managers and those responsible for market/competitive intelligence with an industry overview of IDC's spending guide forecasts as well as insights into the European utilities market context influencing that spend for 2023.
This report includes:
- IDC's ICT market forecast for the European utilities
- IDC's market forecast for IT applications for European utilities
- Insights into key drivers and inhibitors that have impacted and will impact IT application investment sentiment in the European utilities sector
- "European companies are on their journey to revise their traditional utility business models, embracing decentralized generation and expanding their energy services. To sustain the new utility business model and its growth, utilities are seeking to expand their IT and adopt innovative digital capabilities too," said Gaurav Verma, research manager, IDC Energy Insights.