IT Services in Benelux - Market Analysis 2015-2019
Published: Nov 2015 | Pages: 83 | SKU: IRTNTR8013 |
Market scope of IT services in Benelux market
Technavio’s market research analysts predict that the IT services in Benelux market will be valued at nearly $25 billion by the end of 2019. The key growth drivers in this market are increase in adoption of cloud computing, and growing demand for enterprise mobility. The Netherlands, Belgium, and Luxembourg are likely to be the leading markets within the region.
The economic scenario in Europe has not completely recovered from the recession, and there is volatility in terms of investment and government spending. Many business leaders in the Benelux region are skeptical about the growth prospects of the IT market and are therefore reluctant to increase their IT spending. Most business leaders want to wait for the economic conditions to become stable before increasing their IT investments. Hence, economic instability is a major challenge hindering the growth of the IT and related services market in Benelux.
Competitive landscape and leading companies in IT services in Benelux market
The IT Services in Benelux market is highly fragmented due to the presence of several large multinational companies and small local players. The competition in this market is likely to intensify as several large players are entering this market. Further, the increase in number of players in the market depends on the quality of services such as consulting, development and integration, and other support services they offer. Vendors can increase profitability by implementing innovative and cost-effective cloud-based solutions such as SaaS, PaaS, and IaaS to deliver better service.
The leading companies in the IT services in Benelux market are:
- Accenture
- Atos
- Capgemini
- CGI
- IBM
- Ordina
- TCS
The other prominent vendors in the market include:
- Apple
- Cegeka
- Cisco
- Citrix
- Cognizant
- CSC
- Dell
- EMC
- Fujitsu
- HCL
- HP
- Infosys
- Microsoft
- Sungard
- Wipro
Segmentation of IT services in Benelux market by service line
- Outsourcing
- Project-oriented Services
- Support Services
The outsourcing segment is the largest in IT Services in BeNeLux and accounted for 40%-50% of market share in 2014. It comprises offshore outsourcing services, application management, and IT infrastructure services among others.
Service providers are increasingly focusing on building reusable and scalable service delivery platforms. In addition, they are offering automation with the support of new IT services that are expected to take less time in integrating data from any internal or external source.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the IT services in BeNeLux market?
- What are the key market trends impacting the growth of the IT services in BeNeLux market?
- What are the challenges to market growth?
- Who are the key vendors in the IT services in BeNeLux market?
- What are the market opportunities and threats faced by the vendors in the IT services in BeNeLux market?
- What are the key outcomes of the five forces analysis of the IT services in BeNeLux market?
Related reports
- Global IT Spending by Investment Banks- Market Research 2015-2019
- IT Services Market in Nordic 2015-2019
- Global IT Spending by Cab Aggregators: Market Research Report 2015-2019
- Global IT Spending in Remote Healthcare Delivery Market 2015-2019- Market Research
- Global IT Spending by Audit Firms 2015-2019
Table of Contents
- Highlights
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Overview of IT market in Benelux
- Market size and forecast of IT services in Benelux
- Five forces analysis
- Segmentation of IT services in Benelux by service line
- Outsourcing
- Project-oriented services
- Support services
- Segmentation of IT services in Benelux by geography
- IT services market in the Netherlands
- IT services market in Belgium
- IT services market in Luxembourg
- Competitive scenario
- Major vendors
- Other prominent vendors
- Accenture
- Atos
- Capgemini
- CGI
- IBM
- Ordina
- TCS
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis