Latest News- IT Professional Services Market in EMEA: Project-oriented services is expected to lead the Type segment during 2025-2029

The IT Professional Services Market in EMEA is being driven by Robust adoption of cloud-based solutions

The IT Professional Services Market in EMEA is expected to grow at a CAGR of 9.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 207.9 billion. In the EMEA region, the IT professional services market continues to experience robust demand as businesses pursue digital transformation initiatives. European companies are embracing advanced technologies such as cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and big data analytics to optimize operations and improve customer experiences. As a result, there is a burgeoning need for IT specialists with expertise in these emerging technologies. IT service providers are essential partners for businesses seeking to adopt and integrate these solutions, enabling them to migrate IT infrastructure and applications to the cloud for enhanced scalability, flexibility, and cost-efficiency. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Project-oriented services
  • Information technology outsourcing
  • IT supporting and training services
  • Enterprise cloud computing services
• End-user
  • Large enterprises
  • Small and medium enterprises
• Geography
  • EMEA

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Robust adoption of cloud-based solutions
• Growth in e-commerce and online services
• Growing demand for IT professional services in healthcare sector

However, the market also witnesses some limitations, which are as follows:

• Shortage of skilled workforce
• Complex and time-consuming technology adoption
• Lack of quality standards in SLAs

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Market Scope in IT Professional Services Market in EMEA Research Report

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Research Analysis Overview

In the IT Professional Services Market in EMEA, talent management and customer relationship management are key focus areas. Cost reduction strategies, such as cybersecurity solutions, cloud-based resource management, and scalability solutions, are also prioritized. Agile methodologies, automation tools, business process optimization, compliance management, and digital workplace are essential for enhancing efficiency. Service level agreements, integration services, financial reporting, data-driven decision making, business intelligence, and remote team management are crucial for effective operations. DevSecOps, IT outsourcing, project management software, and supply chain management are important for delivering high-quality services. Low-code and no-code development, insurance, digital marketing, and agile methodology are emerging trends. DevOps, API management, hybrid cloud, data governance, and data pipelines are essential for digital transformation. Artificial intelligence, machine learning, natural language processing, data science, digital strategy, and Internet of Things are transformative technologies. Enterprise resource planning and business process automation are key to optimizing workflows.

Market Research Overview

The IT Professional Services Market in EMEA encompasses businesses providing IT consulting and system integration, application services, electronic data processing, business process outsourcing, infrastructure services, and Internet services. According to Technavio, the global IT consulting and other services market, which includes these sectors, is projected to grow due to several factors. Notably, increasing government investments in modernizing IT infrastructure will drive demand for advanced tools and expertise, necessitating resource allocation and sharing, delivery processes, and remote working solutions. This trend is particularly significant in regions where there is a shortage of IT professionals with current skill sets. The market's expansion will also be influenced by the growing customer demand for customized IT services and the need for efficient computing storage solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/