Key Market Indicators
Belgium is set to break into the top 10 IT services exporters worldwide by 2026. According to a study, exports of IT services from the country are expected to reach nearly €29 billion, up from €24 billion in 2021. This marks an average annual growth rate of 2.7%. Since 2000, Belgian supply has seen an average annual increase of 9%. This year, the country is ranked 10th, behind Switzerland's €24 billion. The United Kingdom, France, and Ireland are the top three exporters in the ranking.
Belgium IT Services Market Data and Forecasts
How much will Belgium IT Services Market grow to 2026?
More in IT Services Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Outsourcing Services: Unveiling the Pulse of Document and Research Development Markets
At present, the outsourcing services sector is experiencing a significant transformation in line with business evolution worldwide. With the increasing importance of knowledge management and research in shaping business strategies, the demand for document and research development services has grown. These encompass a wide range of functions, including data collection,...
Discover more insights -
IT Services: Delving into the Dynamics of Top Global Competitors Strategies
Key players of global IT services exhibit distinct strategies for maintaining competitiveness. Central to these strategies is constant innovation, manifesting in an enduring commitment to research and development (R&D). This allows consistent service improvement, crucial in an industry marked by rapid technological advances. Their sizable scale and resources also enable...
Discover more insights -
IT Services Market: Future Trends and Comprehensive Growth Analysis
AI and automation continue to transform the IT Services market at an accelerated pace. With increased market penetration of cloud-based solutions, new opportunities for service providers have emerged. These include integrating scalable solutions and automating repetitive tasks, increasing operational efficiency for businesses. Further, the adoption of technologies like Augmented Reality...
Discover more insights -
Data Processing & Hosting Services: Navigating Trends in an Evolving Industry Landscape
Market dynamics in sectors offering services for information manipulation and server space provision are fast-evolving. Technological advancements coupled with increasing data generation across sectors have given rise to a need for efficient, secure, and cost-effective data storage and processing solutions. Industry's focus is gradually shifting towards cloud-based services offering superior...
Discover more insights -
Outsourcing Services: A Comprehensive Examination of Procurement and IT Trends
Procurement outsourcing has observed a steady rise in recent years, positioning itself as a key strategy adopted by organizations to cost-effectively manage diverse outsourcing tasks. It involves transferring certain procurement processing activities to third-party service providers, thereby facilitating companies to focus on their core competencies. The driving factors behind this...
Discover more insights