European Digital Transformation Spending Forecast, 2020–2025
This IDC Market Forecast projects future spending on strategic priorities related to digital transformation in Europe. It provides an overview of the market context, and in-depth examination of key drivers and inhibitors, and essential guidance for developing productive and lasting business relationships with IT buyers. "In Europe, the shift to a digital-first economy and changes in organizational mindsets will support double-digit growth for digital spending, which will grow four times as fast as the GDP. With digital becoming increasingly strategic and a top-line accelerator for organizations, it becomes crucial for IT vendors to understand which strategic priorities IT buyers will bet on in the short and long term" said Giulia Carosella, research manager, IDC European Digital Transformation Practice Lead.
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Digital Transformation Forecast
- Digital Transformation Forecast by Sector
- Digital Transformation Forecast: Digital Lanes
- Market Context
- Drivers and Inhibitors
- Drivers
- New Digital Business Models
- Digital for Sustainability Goals
- European and Country-Level Recovery Plans
- Inhibitors
- Digital Sovereignty
- Lack of Skills
- Significant Market Developments
- Digital Sovereignty
- Tech Vendors Doubling Down on the Number of Personas in the C-Suite
- The Rise of Digital Natives
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook