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Top 50 Vendors Account for More Than Half of the European Services Market in 2007, Says IDC.

Publication: M2 Presswire
Publication Date: 29-AUG-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 August 2008-IDC: Top 50 Vendors Account for More Than Half of the European Services Market in 2007, Says IDC(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:01092008

MADRID -- According to a recent study published by IDC, the top 50 services players accounted for 53.4% of the IT and business services market in Europe in 2007. Even though most of the largest vendors are still U.S.-based companies, the number of Europe- and India-based companies in the ranking has increased. Revenue growth was particularly high in the top 21-50 vendors, with rates above 20% in dollars, due to a mix of organic growth and market consolidation. The...

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