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2020 would seem set to be a good year for the Application Services (AS) market. The uncertainties surrounding the big Brexit question that dogged investment decisions during the last third of 2019 have been removed and customer spend on the “new” continues to expand quickly. Demand in the applications-centric Digital Solutions arena, for example, is set to increase by over 30% during this year. At an overall AS market level, however, growth remains muted. For the forecast period to 2022, we expect AS CAGR to reach just 2.7% on par with the overall SITS market. So why this disconnect and what challenges does it create?
This is the market context for the latest AS Supplier Prospects report which provides insight and analysis into the challenges facing suppliers over the coming year, what they need to do to be successful and highlights ways to win in the longer term. The report includes profiles of the top 10 AS suppliers to the UK market.
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