Forecast Report

European Tech Market Outlook For 2016 To 2017

Brexit And Sluggish Economies Will Lead To Stagnant Tech Demand

July 13th, 2016
AB
Andrew Bartels
CW
Charlotte Wang
With contributors:
Sharyn Leaver , Paul Miller , Rachael Klehm , Ian McPherson

Summary

After a surprisingly strong 2015 European tech market, CIOs in European countries need to prepare for a much more difficult 2016 and 2017. Despite the European Central Bank's stimulus and stronger exports from the weak euro, European economies are growing slowly, with a risk of deflation. Brexit exacerbates these risks. Read this report to understand where Forrester expects CIOs to direct their technology budgets and spending to maintain competitiveness with US and Asian firms.

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