Key Market Indicators
Spain's software revenue is projected to climb to approximately €1.3 billion by 2028, up from €1.2 billion in 2023. This marks an annual compound growth rate (CAGR) of 1.5%. Since 2013, the Spanish software market has experienced a steady annual growth rate of 1.6%. In the current year, Spain ranks 11th globally in software revenue, trailing Romania, which also posted revenue figures of €1.2 billion. Leading the international rankings are Sweden, the United Kingdom, and Cyprus, holding the second, third, and fourth positions, respectively.
