Europe Proactive Services Market Size & Outlook, 2023-2030
Europe proactive services market, 2018-2030 (US$M)
Related Markets
Europe proactive services market highlights
- The Europe proactive services market generated a revenue of USD 1,102.5 million in 2023.
- The market is expected to grow at a CAGR of 19.9% from 2024 to 2030.
- In terms of segment, managed services was the largest revenue generating service in 2023.
- Technical Support is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,102.5 million |
| Market revenue in 2030 | USD 3,934.2 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Managed services |
| Fastest growing segment | Technical Support |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Design & Consulting, Managed Services, Technical Support |
| Key market players worldwide | Amazon.com Inc, Avaya, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fortinet Inc, Genesys International Corporation, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Juniper Networks Inc, LivePerson Inc, Microsoft Corp, NICE Ltd ADR, Broadcom Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.7% of the global proactive services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,198.3 million by 2030.
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Proactive Services Market Scope
Proactive Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe proactive services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to proactive services market will help companies and investors design strategic landscapes.
Managed services was the largest segment with a revenue share of 38.21% in 2023. Horizon Databook has segmented the Europe proactive services market based on design & consulting, managed services, technical support covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is expected to register significant growth over the forecast period aided by the growing adoption of AI-based platforms among IT & telecommunications, manufacturing, and digital technology companies and the aggressive investments by the leading market players.
The preference for contactless and digital technologies across various business operations in Canada, which particularly gained traction in the wake of the outbreak of the COVID-19 pandemic, is also expected to contribute to the growth of the market.
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Our clientele includes a mix of proactive services market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe proactive services market , including forecasts for subscribers. This continent databook contains high-level insights into Europe proactive services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe proactive services market size, by country, 2018-2030 (US$M)
Europe Proactive Services Market Outlook Share, 2023 & 2030 (US$M)
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