Key Market Indicators
Cypriot ICT exports totaled $3.5 billion in 2020, a 22.4% increase from the previous year. The country ranked 31st, overtaken by Australia’s $3.5 billion. India, the United States, and China were second, third, and fourth on the list, respectively. By 2026, Cypriot ICT revenue is expected to reach €6.5 billion, a 3.5% year-on-year CAGR growth from €5.2 billion in 2021. Since 2010, the Cypriot market has seen a 13.2% year-on-year increase. In 2021, the country ranked 24th, surpassed by Croatia’s €5.2 billion. The United Kingdom, France, and Ireland were second, third, and fourth in the ranking.
Cyprus ICT Market Data and Forecasts
How much will Cyprus ICT Market grow?
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