European IT Services Market Share, 2023: Services Market Remains Stable Despite Unrelenting Headwinds
This IDC Market Share examines how the market shares of Europe's largest IT services providers evolved in 2023. It also analyzes market developments and dynamics throughout the year."The European IT services market experienced more reserved growth in 2023, expanding 4.7% year on year. Concerns about the coming economic slowdown, or even a recession, and mounting geopolitical tensions reshaped organizations' appetite for large transformation projects; they tightened their spending and focused on cost efficiencies and improving processes. Looking forward, we see decent opportunities for services firms helping their clients become digitally capable or otherwise providing support to adapt to changing market environments and stay competitive." — Senior Research Manager Milan Kalal, IDC European Services Group
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Accenture
Capgemini
Atos
Sopra Steria
Market Context
Significant Market Developments
Generative AI
Economic Uncertainty
Mergers and Acquisitions
Methodology
Impact of Exchange Rates
Market Definition
IT Consulting
Systems Integration
Network Consulting
Network Integration
Custom Application Development
Application Management
Hosted Application Management
IT Outsourcing
Network and Endpoint Outsourcing Services
Hosting Infrastructure Services
Hardware Deploy and Support
Software Deploy and Support
IT Education and Training
Related Research
Research Assistance
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