Dutch TMT sector to outperform in 2020, but faces risk of 5G delay - ABN Amro

IT services, the biggest segment of the Dutch TMT sector, are driving growth in the wider economy of the Netherlands, according to a sector outlook from ABN Amro. IT services revenue increased an estimated 7 percent in the first three quarters of 2019, led by demand for cloud services at software and hosting companies, the bank said.