Market Outlook Update: Trends and Forecasts 2021-2024

Our UK IT Services Market Trends & Forecasts 2021 was compiled in the weeks immediately following the third national lockdown. While the SITS supplier performance data covering the first quarter of last year was broadly encouraging, the lack of clarity about what the continued impact of the pandemic might be both domestically and globally prompted our team of analysts to adopt a cautiously optimistic view of demand outlook.

As analysts continued to track quarterly results and buyer sentiment/action during the second half of 2021 it became obvious the market was expanding at an exceptional pace. We therefore decided to review and update the growth estimates contained within the June report. The revised data in this document covers the SITS market as a whole, alongside the constituent lines of business and vertical industry segments.

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