Channel partners to take one-third of ICT market by 2026 as European spending set to keep resilience in 2023 - IDC

ICT spending in Europe is predicted to grow 2.8 per cent

Andrea Gaini
clock • 2 min read
Channel partners to take one-third of ICT market by 2026 as European spending set to keep resilience in 2023 - IDC

European ICT spending is set to grow 2.8 per cent according to the IDC, reaching $1184.5bn in 2023. Despite the challenging macroeconomic climate, IDC's Worldwide Black Book reports that software and services investments will continue to grow, exceeding the growth of overall ICT spending. By 2026, the research firm claims that almost half of server and storage spending will continue to be generated through the channel. "Partners will continue to help vendors in maintaining robust con...

To continue reading this article...

Join Channel Partner Insight

  • Exclusive news, insight and analysis for the IT channel across the US and Europe
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with an exclusive members-only podcast
  • Breaking news stories delivered straight to your inbox daily

Join now

 

Already a member?

Log in

More on Research

IoT spend in Europe will reach almost $230bn in 2023 - IDC

IoT spend in Europe will reach almost $230bn in 2023 - IDC

The firm predicts spending on analytics software will increase, as organisations strive to turn data collected by connection endpoints into actionable insights

Andrea Gaini
clock 03 July 2023 • 3 min read
Europe's big data and analytics software market will be 'reshaped' by generative AI - IDC

Europe's big data and analytics software market will be 'reshaped' by generative AI - IDC

The market research firm predicts "uninhibited” growth of data analytics and AI solutions will drive demand for business intelligence and analytics tools and platforms

Kelsey Rees
clock 27 June 2023 • 2 min read
European software will see growth until 2027, says IDC

European software will see growth until 2027, says IDC

Demand for improved resilience and automation will drive the market

Andrea Gaini
clock 09 June 2023 • 2 min read