Industry Insights
The European Tender Market is Increasingly Attractive
The European tender volumes is rising
Europe’s public tender market is rising, with annual volumes of Contract Notices above threshold reaching more than 200.000, corresponding to more than 500 tenders coming out per day.
7 industries make up more than 50% of the European tender volumes
Europe’s public tender market is dominated by 7 industries totalling more than 50% of the tender market based on number of tenders.
Construction leads by far, Medico 2nd, Engineering / architecture 3rd, clearning + other 4th, Business Consulting takes 5th, IT services 6th, and Food & Beverage 7th.
The remaining tenders consist of categories of less than 4% of the market.