Key Market Indicators
Romania's software revenue is projected to hit €2.4 billion by 2028, up from €1.6 billion in 2023, marking an annual growth rate of 6.4%. This notable increase continues a trend of robust expansion, with the Romanian market having surged by 14% each year since 2013. In 2023, Romania was ranked 10th in Europe for software revenue. Germany led the rankings with €1.6 billion in revenue, while Sweden, the United Kingdom, and Cyprus secured the second, third, and fourth positions, respectively.