IT Services in Europe
Summary
IT Services in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
- The European IT services industry registered revenues of $359.5 billion in 2023, representing a compound annual growth rate (CAGR) of 7.6% between 2018 and 2023.
- The infrastructure services segment accounted for the industry's largest proportion in 2023, with total revenues of $228.2 billion, equivalent to 63.5% of the industry's overall value.
- The European IT services industry growth is being driven by growing digitalization and technological adoption by businesses.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the it services market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in Europe
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe it services market with five year forecasts
- What was the size of the Europe it services market by value in 2023?
- What will be the size of the Europe it services market in 2028?
- What factors are affecting the strength of competition in the Europe it services market?
- How has the market performed over the last five years?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. International Business Machines Corporation
- 8.2. Accenture plc
- 8.3. Capgemini SE
- 8.4. Hewlett Packard Enterprise Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe IT services industry value: $ billion, 2018-23
- Table 2: Europe IT services industry category segmentation: % share, by value, 2018-2023
- Table 3: Europe IT services industry category segmentation: $ billion, 2018-2023
- Table 4: Europe IT services industry geography segmentation: $ billion, 2023
- Table 5: Europe IT services industry value forecast: $ billion, 2023-28
- Table 6: International Business Machines Corporation: key facts
- Table 7: International Business Machines Corporation: Annual Financial Ratios
- Table 8: International Business Machines Corporation: Key Employees
- Table 9: International Business Machines Corporation: Key Employees Continued
- Table 10: Accenture plc: key facts
- Table 11: Accenture plc: Annual Financial Ratios
- Table 12: Accenture plc: Key Employees
- Table 13: Accenture plc: Key Employees Continued
- Table 14: Accenture plc: Key Employees Continued
- Table 15: Accenture plc: Key Employees Continued
- Table 16: Capgemini SE: key facts
- Table 17: Capgemini SE: Annual Financial Ratios
- Table 18: Capgemini SE: Key Employees
- Table 19: Capgemini SE: Key Employees Continued
- Table 20: Hewlett Packard Enterprise Company: key facts
- Table 21: Hewlett Packard Enterprise Company: Annual Financial Ratios
- Table 22: Hewlett Packard Enterprise Company: Key Employees
- Table 23: Hewlett Packard Enterprise Company: Key Employees Continued
- Table 24: Europe size of population (million), 2019-23
- Table 25: Europe gdp (constant 2005 prices, $ billion), 2019-23
- Table 26: Europe gdp (current prices, $ billion), 2019-23
- Table 27: Europe inflation, 2019-23
- Table 28: Europe consumer price index (absolute), 2019-23
- Table 29: Europe exchange rate, 2019-23
- List of Figures
- Figure 1: Europe IT services industry value: $ billion, 2018-23
- Figure 2: Europe IT services industry category segmentation: $ billion, 2018-2023
- Figure 3: Europe IT services industry geography segmentation: % share, by value, 2023
- Figure 4: Europe IT services industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the IT services industry in Europe, 2023
- Figure 6: Drivers of buyer power in the IT services industry in Europe, 2023
- Figure 7: Drivers of supplier power in the IT services industry in Europe, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in Europe, 2023
- Figure 9: Factors influencing the threat of substitutes in the IT services industry in Europe, 2023
- Figure 10: Drivers of degree of rivalry in the IT services industry in Europe, 2023
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