*NEW RESEARCH* UK SITS Solutions Market: Suppliers, Trends, and Forecasts 2024

The 2024 version of the UK SITS Solutions Market: Suppliers, Trends, and Forecasts report is now available to download.

This report details TechMarketView’s latest market size and growth data for the UK SITS Solutions market. It provides expert analysis of the key trends that are shaping the market, providing insights for Solutions suppliers. There are also recommendations and advice for vendors, making this research both informative and practical. In addition, the report contains a Top 20 Supplier Ranking by UK Solutions revenue, together with commentary on the up-and-coming players making noteworthy progress in this space.

While the journey to cloud and associated digital transformation initiatives remains the largest driver behind Solutions growth, the market continues to mature with end users looking for ever greater value over shorter timeframes. Added to this, increasing economic uncertainty fed through into IT budgets with longer decision-making cycles also impacting growth.

The additional ‘spanner in the works’ was the unplanned impact of the public launch of ChatGPT by OpenAI in November 2022. Although GenAI is yet to drive significant material Solutions revenue, the enormous market hype and associated uncertainty did capture the attention of the C-suite and was largely unbudgeted for. As such, transformation budgets were in some instances rapidly paused, repurposed, and retargeted, with a wide range of GenAI pilot projects planned and commissioned. Expect this to have a more profound impact on Solutions revenue and growth later in the forecast period.

If you are a subscriber to TechSectorViews click the following link to download the UK SITS Solutions Market: Suppliers, Trends, and Forecasts report. If you don’t have a subscription and would like to gain access the report and our other research and services, please contact Deb Seth.

Posted by: Marc Hardwick at 13:16

Tags: report   newresearch   Solutions   market+trends   supplier rankings  

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