TECH SUPPLIER Jun 2020 - Market Forecast - Doc # EUR245205720

Czech Republic IT Services Market 2019 Analysis and 2020–2024 Forecast 

By: Libor DvorakSenior Research Analyst, IT Services, Central and Eastern Europe, Vladimir KroaAssociate Vice President, IT Services , CEMA

Abstract

This IDC study presents the IT services industry in the Czech Republic in 2019 and forecasts expenditure on IT services through 2024. The study contains market size and distribution by foundation market and vertical market and presents forecasts for 13 foundation market categories.

The study answers the following questions:

  • What are IDC's predictions for spending on IT services in the Czech Republic? What are the assumptions behind the forecast numbers? And what impact will the related issues have on the market during the forecast period?
  • What do end users in the Czech Republic say about their concerns and preferences regarding IT services procurement?
  • What are the latest trends in IT services delivery in the Czech Republic, such as hybrid cloud, digital transformation (DX), and IT security?

"Despite the looming recession, digital transformation remains at the top of organizations' agendas — however, investments are more considered and must precisely target specific issues or needs. IT budgets are now much more limited at end-user organizations, which are being pushed by the economic environment to maximize effectiveness in their primary businesses. In terms of digital transformation, they are trying to identify the sweet spots where a moderate investment can bring the most efficiency, such as in more effective use of collaboration tools or in increased automation in product design, manufacturing, or product enhancement achieved via machine learning." — Research Manager Libor Dvorak, IDC CEMA


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