target audience: TECH SUPPLIER Publication date: Aug 2022 - Document type: Market Presentation - Doc Document number: # EUR149543322
The Battle for Components and Raw Materials in the Tech Space — Implications for European Industries
This IDC Market Presentation analyzes the implications of the lack of tech materials and components from an industry perspective, dwelling on the inner causes behind it, and the ways this event is impacting the IT market. It also compares the impact of this event across different industries and explains how public institutions and IT providers can become part of the overall solution. It concludes with some key highlights and recommendations for IT providers.
"IT cost price increases and supply chain disruption are two intertwined phenomena: IT cost price increases are related to the lack of components and materials needed to produce technology components, which is caused by (though not exclusively) recent supply chain disruptions over the past several years," said Luca Butiniello, research analyst, European Customer Insights and Analysis.
"The lack of tech materials will impact all industries in different ways, from the heavy-tech production industries that need more materials for their products and services, to the more innovative ones that need tech materials for their innovation road maps," said Carla La Croce, senior research analyst, European Customer Insights and Analysis.