Key Market Indicators
Portuguese IT services exports are projected to soar, reaching approximately €16.6 billion by 2028. This marks a significant rise from the estimated €10.7 billion in 2023, growing at a compound annual growth rate (CAGR) of 6.9%. Since the turn of the century, Portugal's IT services supply has expanded at an impressive annual rate of 15.5%. In 2023, Portugal secured the 17th spot in global rankings, with Denmark marginally ahead, also at around €10.7 billion. Top positions in the rankings were held by France, the United Kingdom, and Italy, which respectively occupied the 2nd, 3rd, and 4th positions.
