He’s trying to pick up his digital pace Europedespite economic uncertainty and inflationary pressure. It is significant that the European digital spending in 2023 they will “run” at a double-digit growth rate. In particular, attachments Europe in digital transformation it is expected that this year they will increase by 15.9% compared to a year earlier, exceeding the $550 billion mark.

According to the International Data Corporation (IDC) referenced by SEPE, Europe will remain in a state of digital readiness as the growth in related spending will continue to “run” at a double-digit compound annual growth rate (CAGR) of 16.6% to at least 2026. The most active sectors in terms of investment in services, products and digital transformation processes will be manufacturing, professional services and construction. Together, these sectors will account for over a third of total European digital spending in 2023.

The most active sectors in terms of investment in digital transformation will be manufacturing, professional services and construction.

According to analysts, in all countries of the region, digital transformation is still at the center of their national strategies. However, some individual markets are the ones that will play a major role both in 2022 and beyond in the flow of digital investment. Germany, the UK and France are the countries that will lead the dance of digital transformation investment in the coming years.

“Business’s need for sustainability is a key strategic priority that will increase digital spending in Europe. The latter are now becoming inflexible as they move from being a “luxury worth having” to being a key factor in attracting and retaining customers, building trust and spurring business growth,” according to a related IDC (Worldwide Digital Transformation Spending Guide) report. ). The costs of digital transformation in Europe are fueled by many factors, including the need for European companies to develop a strong and credible sustainability strategy.

Companies are recognizing the business benefits of a sustainable digital strategy, especially European companies in the manufacturing, transport and utilities sectors. Overall, sustainability spending is expected to grow at an average annual rate of 23.8% through 2026 in Europe driven by a tight regulatory framework, rising stakeholder expectations and cost reduction initiatives due to higher energy prices caused by the economic crisis in Russia. Ukraine war.