TECH SUPPLIER Feb 2022 - Market Perspective - Doc # EUR148834922

Sizing the European Market Opportunity Behind IT Investments in Environmental Sustainability

By:

Luca Butiniello,
Gala Spasova
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Abstract

This IDC Market Perspective analyzes IT spending for sustainability between 2020 and 2025 in Europe, provides a market size and forecast, and examines key trends supporting technology investments by industry. Data is segmented by sector (distribution & services, manufacturing & resources, infrastructure, public sector, and financial services) and region/country (France, Germany, the U.K., rest of Western Europe, and Central & Eastern Europe). This report concludes with final remarks on the most widespread technology applications and use cases related to environmental sustainability.

"IT investments are increasingly directed toward digital solutions that can support related goals. For this reason, we expect digital spending on environmental sustainability to increase significantly over the next five years, accounting for almost $100 billion of IT spending in Europe. This is a great opportunity for IT providers to support their clients and match their needs with new and ad hoc digital solutions," said Luca Butiniello, research analyst, European Customer Insights & Analysis.


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