Global forecast for 2025
Posted: Thu Jan 30, 2025 6:43 am
For the full year, ISG expects 4.5% revenue growth for managed services, up from 1.8% in 2024, and 18% revenue growth for XaaS , in line with the previous year.
“We expect a gradual recovery in business demand for IT and business services,” Hall said. portugal rcs data “Businesses remain cautious amid ongoing economic and geopolitical uncertainty. In Europe, we are likely to see slower growth, with the upcoming elections in Germany creating market uncertainty well into the second half.
“At the same time, we see some tailwinds at play that should boost the global market,” Hall said. “Spending on AI continues to gain momentum, with hundreds of billions spent on infrastructure, setting the stage for widespread adoption. In managed services, we are seeing the first signs of improvement in the BFSI sector as discretionary spending begins to recover.”
“We expect a gradual recovery in business demand for IT and business services,” Hall said. portugal rcs data “Businesses remain cautious amid ongoing economic and geopolitical uncertainty. In Europe, we are likely to see slower growth, with the upcoming elections in Germany creating market uncertainty well into the second half.
“At the same time, we see some tailwinds at play that should boost the global market,” Hall said. “Spending on AI continues to gain momentum, with hundreds of billions spent on infrastructure, setting the stage for widespread adoption. In managed services, we are seeing the first signs of improvement in the BFSI sector as discretionary spending begins to recover.”