Key Market Indicators
Swiss Computer Hardware Revenue Plummets by 20% in 2023 Switzerland's computer hardware revenue took a significant hit in 2023, dropping nearly 20% to approximately €109 million from €136 million in 2022. This steep decline marks a 24.4% year-on-year decrease since 2014. In the latest rankings, Switzerland slipped to 16th place, with Belgium narrowly ahead at €109 million. Germany, the United Kingdom, and Italy held the second, third, and fourth spots, respectively. Despite the decline in revenue, the Swiss computer hardware import market shows signs of steady growth. Imports are projected to reach $608 million by 2028, up from $573 million in 2023, growing at an average annual rate of 0.9%. This increase follows a historical growth trend of 1.2% per year since 1993. On the export front, Switzerland is also experiencing upward momentum. Computer hardware exports are expected to climb to $118 million by 2028, rising from $106 million in 2023. This represents an average annual growth rate of 1.6%, continuing a long-term trend of 2.4% growth per year since 1993.
