[ICTinfo] ICT spending in EMEA to increase by 3.7 percent this year after last year's decline

Gartner forecasts a 3.7% growth in ICT spending in Europe, Middle East and Africa (EMEA) to €1.21 trillion in 2023 compared to 2022. Growth in the most developed markets of Western Europe, Germany, France and the UK, will be slightly higher, around 5%. The growth forecast is certainly good news after last year's 3.8 per cent decline, although it is well below the 10.5 per cent growth forecast for 2021. Last year, the devices segment saw the biggest decline, 13.1 per cent (after 15 per cent growth in 2021), and Gartner is forecasting a 2.6 per cent decline for this year as well (to €174 billion). The communications services segment, which declined by 3.6 per cent last year (after 4.3 per cent growth in 2021), is expected to grow by 2.3 per cent this year (to €448 billion), while the IT services segment, which declined by 0.9 per cent last year (after even 15.3 per cent growth in 2021), is expected to grow by just over 6.6 per cent this year (to €356 billion). This year, spending in the software segment will grow the most, by just over 8.6 percent (to €198 billion). In this segment, spending on public cloud will grow the most in EMEA this year, by a full 18.2 percent to €128 billion. Spending on cloud software will reach a good third (34%) of total spending on enterprise software. Consumer personal device spending in EMEA, which fell by 13 percent last year, the most since 2009, will fall by 3.6 percent this year.

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The economy, manufacturing, education and other sectors have been subject to increased pressures and changes in recent years as a result of the pandemic and the measures taken to contain it, as well as the Russia-Ukraine war, as confirmed by various surveys and analyses. The Information and Communication Technologies (ICT) sector is also exposed to similar changes, but at the same time it is able to monitor, assess and control changes not only in its own sector but also in all other sectors, which has been a valuable help to all of them in recent years.
ICT helps companies and institutions in all industries to organise their work, adapt their operations, streamline their operations, process data, evaluate results, predict trends and discover new opportunities. And they enable schools and universities to implement hybrid forms of teaching and meaningful digitisation of learning processes.
All of this is why we have decided to regularly publish summaries of information, evaluations, analyses and studies from research and analysis companies that can help everyone to better monitor, learn about and understand changes and trends, and to adapt more successfully to the new era of ICT.
Prepared by the Chair of Information and Communication Technologies in cooperation with Esad Jakupović