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Industry: Email Alert RSS FeedIDC examines the Western European professional services industry - Brief Article
Telecomworldwire, August 19, 2002
TELECOMWORLDWIRE-19 August 2002-IDC examines the Western European professional services industry (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com
Market intelligence and advisory firm IDC has issued its predictions for the future of the Western European professional services industry.
The company has stated that it expects the market to begin to improve in the first half of 2003 due to more organisations requiring business applications that automate the services supply chain and support the decision-making process.
The Western European professional services industry was badly affected by the worldwide economic slowdown, according to IDC.
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Market value is expected to rise from revenues of USD454m in 2001 to USD856m in 2006, a compound annual growth rate of 13.52%.
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