Western European IT services to grow at 5% a year
According to IDC, the Western European IT services market will grow at about 5% a year till 2010. After a very slow 2004 the Western European IT services market picked up in 2005 and reached 4.6% growth. 2006 will see even better growth, but then IDC expects growth to stabilize at around 5%. Western Europe will not experience double-digit growth in IT services again, but enterprise customers are renewing investment in IT, with an immediate impact on the services market. Consulting and systems integration picked up across the whole of Western Europe in 2005 and growth rates of 6% to 7% are forecast for the next three to four years in several countries.