Western European IT services to grow at 5% a year
Fact recorded on: May 14, 2006. Categories: Spending.
According to IDC, the Western European IT services market will grow at about 5% a year till 2010. After a very slow 2004 the Western European IT services market picked up in 2005 and reached 4.6% growth. 2006 will see even better growth, but then IDC expects growth to stabilize at around 5%. Western Europe will not experience double-digit growth in IT services again, but enterprise customers are renewing investment in IT, with an immediate impact on the services market. Consulting and systems integration picked up across the whole of Western Europe in 2005 and growth rates of 6% to 7% are forecast for the next three to four years in several countries.
Latest Spending facts
- $115.6 bln will be spent on online travel in 2009
- Infrastructure sharing to save companies $60 bln by 2014
- Enterprise software to grow 0.3% in 2009
- $400 mln spent on delivering video via CDNs in 2008
- Worldwide IT Spending by Vertical Markets in 2009
- International phone calls up 12% in 2008
- Top Technology Priorities in 2009
- IT spending to drop 9% in 2009
- LCD TV panel sales to grow 20.5% in 2009
- IT spending in China to reach $51.2 bln in 2009
- Airlines to lose $3.5 bln due to high-def conferenceware
- 24% of online shoppers have spent more than $500 in 2008 holiday season
- 2009 IT spending to fall 3%
- US consumer electronics shipments to generate $171 bln in 2009
- Spending by largest ad categories in Q1-Q3 2008
- LCD TV revenues to fall 16% in 2009
- Internet ad spending by top companies for Q1-Q3 2008
- Worldwide IT spending will grow 2.6% in 2009
- Where consumers spend their money online – video games grew 60% in one year
- 65% of Americans would prefer cash to gifts for 2008 holidays
- IT spending in Bulgaria reached $944 mln in 2007
- Airline ticket sales by airline Web site
- IT spending to grow 2.6% in 2009
- Attitudes towards paying for extra airline amenities
- Consumer sentiment towards a la carte price plans by airlines
- US personal incomes up 0.2% in September 2008
- Albanian IT market reached $89.34 mln in 2007
- 60% of US consumers to reduce spending this holiday season
- 27% of IT execs cutting sales and marketing expenses
- IT services spending in UAE increased 41% in 2007 to nearly $791 mln
- 50 services companies accounted for 53.4% of the IT and business services market in Europe in 2007
- Western European IT services market will grow 4.8% in 2008-2012
- IT spending to grow 2.3% in 2009
- US IT spending to grow 5.4% in 2008
- 49% of US companies to cut IT budgets
- Private line services market to reach $40 bln in 2008
- 21% of CIOs expect their security budgets to increase
- Global IT spending to reach $3.4 trln in 2008
- Top Russian Internet advertisers: Ford, MTS, Megafon, GM, Vympelkom
- US small businesses to spend $280 bln on IT by 2012
- EAS market in the Czech Republic declined 4.5% YTY in 2007
- Worldwide remote branch spending to grow 6% to $24.2 bln by 2011
- Worldwide spending on Internet ads will total $65.2 bln in 2008
- Virtualization growth rising from 46% in 2007 to 54% in 2008
- Telecom spending to reach $923.91 bln in 2008
- Medium-sized business enterprise applications market will grow to $80.3 bln by the end of 2012
- The Brazilian IT market will grow to $24 bln
- Consumer spending to reach $234 bln by 2012
- Open source software to generate $4.83 bln by 2012
- 40% of global R&D spendingis done by the US