Latest Context data shows demand for servers, networking and storage up for European distribution

The market researcher warns, however, that it still expects figures to slump next year due to recession macroeconomics

Kelsey Rees
clock • 2 min read
Latest Context data shows demand for servers, networking and storage up for European distribution

Revenue growth for European IT distributors in 2022 is forecast to stand at 3.7 per cent against the previous year, excluding telecoms, according to IT market researcher Context. The figures represent an increase on the 3.2 per cent year on year growth predicted at the start of 2021.  Context claims the data is "even more significant" coming on the back of two years of high growth during the pandemic, and a gloomy IMF GDP forecast which recently downgraded global growth from 4.4 per cen...

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