European Managed Cloud Services Forecast, 2023-2027: Robust Outlook After a Slow Start
This IDC Market Forecast study provides IDC's forecast for the European managed cloud services market for 2023-2027 across five managed services foundations markets: application management (AM), hosted application management (HAM), IT outsourcing (ITO), hosted infrastructure services (HIS), and networking and endpoint outsourcing services (NEOS)."There are growing opportunities in the managed cloud services space in Europe, but equally, competition and customer expectations for services delivery are incredibly high. Managed service providers must position themselves as strategic partners that enable value delivery to the customer at speed and on a continuous basis while ensuring IT standardization and performance," said Francesca Ciarletta, research manager, European Cloud Managed Services.
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Desire for Greater IT and Business Alignment
- Desire for Greater IT Operational Efficiency and Resilience With Cloud at the Core
- Controlling and Optimizing Cloud Costs
- Easy Access to Cloud Skills, Technology Expertise, and Best Practices
- Inhibitors
- Economic Uncertainty in the Short Term
- Significant Market Developments
- Growing Desire for Deeper Value Realization From Cloud Adoption
- Changes From Prior Forecast
- Market Definition
- Exclusions
- Methodology
- Related Research
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook