target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Forecast - Doc Document number: # EUR151076723
European Digital Transformation Spending Forecast, 2021–2026
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Abstract
This IDC Market Forecast analyzes European digital spending between 2021 and 2026 as well as provides a market size, forecast, and key trends supporting technology investments by industry.
"Despite macroeconomic uncertainty, digital spending expectations in Europe exhibits a positive trend, and its growth is expected to be three times the IT market's growth. AI is increasingly the powerhouse of digital spending growth, enabling the top 10 fastest-growing use cases. In this context, identifying key use cases for targeted investments become crucial for organizations to achieve revenue growth, greater profitability, and productivity," said Giulia Carosella, research manager, European Digital Business Research.