UK Market Trends: Software and IT Services

The UK software and IT services market is entering a period of change. The public sector, so long a source of growth for so many vendors, is set to become a tougher place to do business. Meanwhile, the commercial sector faces an uncertain investment climate, not least in relation to software, consulting and IT projects spending, as our forecasts show. Whether operating in these segments of the market, or in the less downturn-sensitive areas of ITO and BPO, vendors will need to adapt their strategies and their messaging in the times ahead to take account of such changes.

This report looks at the market for software and IT services in the UK. It details Ovum’s estimates and forecasts of the sizes of the market and its key sub-segments, as well as highlighting key market trends and drivers from both the end-user and supplier perspectives.

This analysis is intended to give the reader an understanding of current and future changes in the UK S/ITS environment, and to help formulate plans and strategies appropriate to the opportunities and threats that these are creating and will create. It contains four reports published in January and February 2008, which focus specifically on market trends in BPO, infrastructure services, software and project services & application outsourcing. It also contains spreadsheet data that forms the basis of the forecasts.