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Key Findings

•IT & Communications (ICT) investment across vertical markets will outpace Europe’s average gross domestic product (GDP) growth. Compared to the organisation for economic co-operation and development’s (OECD) nominal GDP forecast between 2014 and 2016 of %, the total ICT spending by industries in Europe is expected to grow at faster pace of an average year-on-year (YoY) of x % between 2014 and 2019.
•Five industries offer strategic opportunities for the ICT community. These are the ICT, energy and utilities, healthcare, transportation, and manufacturing industries, all of which lead the drive in digitalisation of a connected society.
•Emerging technology trends create tactical opportunities for the ICT community. Information technology (IT)-based and software-based requirements stem from the digitalisation trend across industries, Internet of Things (IoT) fulfilment, and an eventual IT/Operational Technology (OT) convergence.
•Winners in the ICT community must be agile in organisation, technology portfolio, and customer acquisition. A few notable market leaders are Ericsson, Cisco, and Deutsche Telekom Group.
•Communications service providers face the biggest challenge in retaining and growing its share of vertical markets ICT investments. Those with limited scale and portfolio offerings face the highest risks of irrelevance.
•The ICT industry is poised for a shake-up. New types of stakeholders will be formed and the consolidation of traditional market leaders will intensify this year, leading to innovations in business models in applying new technology.

Technology drivers

•Ubiquitous connectivity, cloud delivery, M2M/IoT, and Big Data and analytics are 4 key technology influences across all industries.
•Security-related trends both impede and accelerate such spending, depending on sectors’ market requirements.
•IT-specific skills and capabilities are in shortage in both the communications and connected industries.

Industry centric drivers

•The energy and utilities, transportation, and healthcare industries are experiencing significant overhauls in service delivery. Such a drastic change requires ICT to better manage this transformation.
•IT/OT convergence brings about cost-saving opportunities.
•Continued cost and competitive pressures place a greater emphasis on ICT to manage profitability and revenue potential.

Macro-economics

•They are government-led initiatives that support their own country’s technological leadership in emerging ICT and/or industry technologies (e.g., IoT, Smart Cities, Smart Grid).
•Germany, Poland, and the United Kingdom stand out as market leaders with interesting growth stories.

Table Of Contents

ICT Opportunities Across European Vertical Markets : Mapping Technology Adoption Across Connected Industries
Executive Summary 4
2014 ICT Spending Across Connected Industries 7
Quantifying Strategic ICT Opportunities Across Connected Industries—ICT 17
Quantifying Strategic ICT Opportunities Across Connected Industries—
Energy and Utilities 22
Quantifying Strategic ICT Opportunities Across Connected Industries—Healthcare 27
Quantifying Strategic ICT Opportunities Across Connected Industries—
Manufacturing 32
Quantifying Strategic ICT Opportunities Across Connected Industries—
Transportation 36
Quantifying Tactical Opportunities Across Connected Industries—By ICT
Components 40
Quantifying Tactical Opportunities Across Connected Industries—By Selected
Countries 47
Appendix 1—ICT Spending Market Forecast Methodology 56
Appendix 2—Market Engineering Industry and ICT Component Scope 58
Appendix 3—Technology Drivers Definitions 64
Appendix 4—Technology Drivers on Connected Industries 68
The Frost and Sullivan Story 79

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