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Market Research Report

A Cross-Cutting View of European Verticals: Benchmarking IT, GDP, and Employment, 2020 and 2021 Outlook

Published by IDC Product code 997190
Published Content info 27 Pages
Delivery time: 1-2 business days
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A Cross-Cutting View of European Verticals: Benchmarking IT, GDP, and Employment, 2020 and 2021 Outlook
Published: March 26, 2021 Content info: 27 Pages

This IDC study analyzes vertical market indicators in Europe to understand the structure, size, and economic importance of industry sectors on the continent. The study focuses on the economic contribution of verticals to national and regional GDP and includes employment numbers by vertical. The study examines IT spending as a percentage of GDP, as well as IT spending per employee, to determine the level of IT sophistication of each vertical in 21 European countries.The vertical markets covered include discrete manufacturing, process manufacturing, retail and wholesale, resource industries and construction, utilities, telecommunications, media, transportation, personal and professional services, financial services, and the public sector."Indicators like IT intensity and IT propensity are important references that enable vendors to compare verticals across different regions and countries. However, vendors must also look at how verticals innovate and develop cross-country and cross-industry ecosystems. In addition, vendors must examine how IT investments in terms of technologies and use cases are determined." - Research Manager Neli Vacheva, IDC Europe Customer Insights and Analytics

Table of Contents
Product Code: EUR247530421

Executive Snapshot

New Market Developments and Dynamics

  • Employment in European Vertical Markets
  • GDP in European Countries and Vertical Markets
  • European Vertical Markets: IT Intensity and Productivity
  • Mapping the IT Sophistication of Vertical Markets in Europe
  • 2020-2021 Outlook
    • Factors Shaping Vertical Spending in 2019-2022

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  • Related Research
  • Methodology
    • Employment and GDP Data Sources and Definitions
    • Geographic Regions
    • IT Spending Data Source
    • Information Technology Definitions
    • Vertical Market Definitions
  • Synopsis
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