Market Share of Europe IT Services Industry
The Europe IT services market is Highly competitive. Key players in the IT services market, such as Accenture Plc, Capgemini SE, Hewlett Packard Enterprise, IBM, and Tata Consultancy Services Limited, dominate the market in terms of market share. Moreover, the variables are involved in various mergers and acquisitions and product innovation, among others, to gain a competitive edge over others.
In February 2022, IBM collaborated with SAP to deliver technology and consulting experience to help clients embrace a hybrid cloud strategy and migrate mission-critical workloads from SAP systems to the cloud in regulated and non-regulated industries.
In April 2022, Accenture completed the acquisition of Avieco. This acquisition of Accenture's ESG measurement and analytics capabilities as converging standards and increased regulation drive client need for accurate data in decision-making.
Europe IT Services Market Leaders
-
Accenture plc
-
Capgemini SE
-
Hewlett Packard Enterprise
-
IBM
-
Tata Consultancy Services Limited
*Disclaimer: Major Players sorted in no particular order
