Western European IT services market will grow 4.8% in 2008-2012

Fact recorded on: October 18, 2008. Categories: Spending.

According to a recent study published by IDC, the Western European IT services market will grow 4.8% in 2008-2012, to reach $249 billion by 2012. Despite the economic downturn, higher demand for outsourcing combined with the increasing externalization of custom application developments will drive IT services spending upwards by 5% in 2008.

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