Key Market Indicators
Estonia's IT services export sector is projected to soar to approximately €10.7 billion by 2028, a substantial increase from €5.3 billion in 2023. This marks an average annual growth rate of 10.7%. Since the turn of the century, Estonia's IT services export supply has seen a remarkable average yearly growth rate of 27.9%. In the global rankings for 2023, Estonia stood at 21st place. In a notable shift, Slovakia has surpassed Estonia, also reporting €5.3 billion in IT services exports. Leading the pack in this ranking are France, the United Kingdom, and Italy, occupying the second, third, and fourth positions, respectively.
