This IDC Market Forecast analyzes IT investments between 2019 and 2023 in Europe — which includes Western Europe (WE) and Central and Eastern Europe (CEE) — and provides a market size and forecast for IT spending by vertical market.

"Technology is going through an era of profound transformation, enabling companies to deliver new and disruptive services. We are witnessing the emergence of new technologies such as image recognition, voice-enabled services, predictive services, sensor-based and intelligent automation, and immersive experiences, all of which are benefitting businesses and end users. The next wave of digital transformation technologies is helping European industries achieve efficiencies and have an impact on customer experiences. Being vertical specific and understanding industry trends is key for IT providers to develop profitable go-to-market strategies and target market needs through specific use cases," said Andrea Minonne, senior research analyst, IDC Customer Insights & Analysis.



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