European IT Services Market Share, 2022: Digital Business and Cloud-Related Initiatives Fuel Growth
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
Please Note: Extended description available upon request.
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Accenture
Capgemini
ATOS
Kyndryl
Market Context
Significant Market Developments
Inflation
Economic Downturn
Increasing Complexity of IT Environments and Managed Services