Report 26 Feb 2026

Software & IT Services - InSight Analysis - Belgium

The Belgian IT services market is accelerating as enterprises pursue secure cloud, data & AI, and 5G at scale. This report pinpoints where growth, spend, and competition converge (by region, vertical, and vendor) to help providers and buyers act now. Discover how to win in a shifting landscape shaped by sovereignty, regulation, and talent.

Market snapshot

Over 1.2m VAT‑registered firms; Flanders dominates (~750k), ahead of Wallonia (~300k) and Brussels (~123k).
The Belgium IT services market will rise from EUR 8.9bn (2025) to EUR 9.3bn (2026); IT services growth rates are stable at 3.9% with a slight slowdown until the end of the decade (+3.5% CAGR).

Growth drivers

The Belgium IT services market is propelled by sovereign cloud, cybersecurity, hybrid cloud, AI/data, private 5G, and SAP S/4HANA programs.
Hyperscaler momentum: Microsoft (25.5%) far ahead of AWS (8.9%) thanks to cloud + app business; local capacity via Azure Belgium Central and AWS European sovereign cloud.
Public sector, utilities, banking; strongest in application project services; BPO outgrows infra outsourcing.

Key players

Within the Belgium IT services market, local champions (Cegeka, Cronos, NRB, Proximus, Sopra Steria) lead across cloud, data & AI, workplace, and security; Accenture is strong in AM and utilities.
SaaS leaders Microsoft, Salesforce, and SAP hold ~41% combined share.

Opportunities and risks

Across the Belgium IT services market, providers with bilingual talent and partners win in Wallonia/Brussels; expect tighter public spending scrutiny (post i‑Police).
Security-first demand surges; healthcare shows critical cybersecurity gaps.

What’s inside

End-to-end view of infrastructure and application services; software & cloud segmentation; case studies (e.g., Oracle OCI at NATO, Proximus’ SD‑WAN at AIDE, NTT DATA’s private 5G at Roularta); actionable go-to-market by region, sector, and technology.

Recommended advisory: PAC Leadership Session – Cybersecurity Trends