Partner Confidence Index: Europe  – Q2 2025

The IT channel in Europe remains optimistic, but partners continue to track developments related to tariffs, inflation, and government policy.

The European IT channel remains resilient amid rising economic and geopolitical pressures. The Channelnomics Partner Confidence Index for Q2 2025 finds that overall confidence is unchanged from the previous quarter, with partners largely maintaining their hiring, reinvestment, and growth plans.

However, the data reveals growing signs of caution beneath the surface. Optimism about the benefits of U.S.-imposed tariffs has declined sharply, and confidence in inflation and interest rates working in partners’ favor has weakened.