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Other IT Services - Central & Western Europe

Central & Western Europe
  • Revenue in the Other IT Services market is projected to reach US$94.20bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.22%, resulting in a market volume of US$110.40bn by 2029.
  • The average Spend per Employee in the Other IT Services market is projected to reach US$543.60 in 2024.
  • In global comparison, most revenue will be generated United States (US$151.10bn in 2024).

Definition :
Other IT Services refers to aggregated revenues of the types of information technology services that are not specifically mentioned in the other IT Services markets, such as system integration, Software installation and support, and IT education and training.

These services are not as prominent as those in the three main markets, but they’re becoming increasingly relevant.

Additional Information:

The Other IT Services market comprises revenues, revenue change, and average spend per employee. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

For more information on the data displayed, use the info button right next to the boxes.

In-Scope

  • System integration, such as IBM Global Services, DXC Technology, and Capgemini
  • Software installation and support, such as Atos, Accenture, and Tata Consultancy Services (TCS)
  • IT training & education, such as Skillsoft, LinkedIn Learning, and NIIT

Out-Of-Scope

  • Business process outsourcing, such as IBM, Infosys, and NTT Data
  • IT consulting & implementation, such as Accenture, Hitachi, and Hewlett Packard Enterprise
  • IT outsourcing, such as Capgemini, Cognizant, and Fujitsu
  • Support or maintenance of company-owned software products
IT Services

IT Services

Related markets:
IT Services: market data & analysis - Cover

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IT Services: market data & analysis

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    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Apr 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Apr 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

    Modeling approach / Market size:

    Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

    Technology

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    IT services - Statistics & Facts

    Unseen yet omnipresent, Information Technology (IT) services are the invisible gears driving modern organizations. These services support business operations and digital transformation through outsourcing, managed services, security, data management, and cloud computing. By leveraging these services, companies enhance efficiency, reduce costs, and gain competitive advantages in a digital marketplace. Prominent cloud providers worldwide include Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud. In the managed services sector, Oracle, Accenture, and IBM are among the largest providers globally.
    More data on the topic
    IT spending worldwide 2024
    5.3tr USD
    Global IT services spending 2024
    1,6tr USD
    Largest market for IT & business services
    The Americas

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