Western European services market on track for growth against the backdrop of a global recession - IDC

The analyst has raised its forecast for the French, German, Nordics, and UK markets

Kelsey Rees
clock • 2 min read
Western European services market on track for growth against the backdrop of a global recession - IDC

Western Europe's services market to withstand economic and geopolitical headwinds as demand from large enterprise buyers continue in order to close the digital gap. Researcher IDC has raised its outlook for the region by 100 to 200 basis points each year to more than seven per cent for 2022 (in constant currency). The group also boosted predictions by 5.5 per cent to six per cent growth per year for the next four years in its Worldwide Semiannual Services Tracker. It said that while ...

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