| Summary of disaggregated revenue by geographical split |
Set out below is the disaggregation of the Group’s revenue from contracts with customers by geographical market, based on where the services are delivered to clients: | | | | | | | | | | | | | | | | | | | 2024
£’000 | | 2023 £’000 | | 2022 £’000 | | United Kingdom | £ | 247,598 | | | £ | 309,365 | | | £ | 270,844 | | | North America | 241,652 | | | 258,112 | | | 228,112 | | | Europe | 191,206 | | | 182,551 | | | 138,005 | | | RoW | 60,300 | | | 44,705 | | | 17,796 | | | Total | £ | 740,756 | | | £ | 794,733 | | | £ | 654,757 | |
The Group’s revenue by industry sector is as follows: | | | | | | | | | | | | | | | | | | | 2024
£’000 | | 2023
£’000 | | 2022
£’000 | | Payments and Financial Services | £ | 351,956 | | | £ | 416,007 | | | £ | 331,842 | | | TMT | 169,227 | | | 173,927 | | | 163,534 | | | Other | 219,573 | | | 204,799 | | | 159,381 | | | Total | £ | 740,756 | | | £ | 794,733 | | | £ | 654,757 | |
The Group’s revenue by contract type is as follows: | | | | | | | | | | | | | | | | | | | 2024
£’000 | | 2023
£’000 | | 2022
£’000 | | Time and materials contracts | £ | 613,331 | | | £ | 646,237 | | | £ | 522,857 | | | Fixed price contracts | 127,425 | | | 148,496 | | | 131,900 | | | Total | £ | 740,756 | | | £ | 794,733 | | | £ | 654,757 | |
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| Disclosure of revenue recognition periods |
This revenue is expected to be recognised over the following time periods: | | | | | | | | | | | | | 2024
£’000 | | 2023
£'000 | | | | | | Less than 1 year | 79,288 | | | 64,838 | | | 1 to 2 years | 33,867 | | | 17,758 | | | 2 to 3 years | 18,014 | | | 11,823 | | | More than 3 years | 18,033 | | | 9,682 | | | Total | £ | 149,202 | | | £ | 104,101 | |
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