Key Market Indicators
### Spanish Computer Hardware Revenue to Decline by 2028 The revenue from the Spanish computer hardware market is projected to drop significantly by 2028. From a current figure of around €73 million in 2023, it is expected to fall to approximately €53 million by 2028. This represents an average annual decline of 4.7%. Since 2013, the Spanish market has been experiencing a consistent downturn, with an average annual decrease of 9.8%. In the 2023 rankings, Spain was placed 19th, with Croatia surpassing it with a revenue of €73.1 million. Leading the rankings were Germany, the United Kingdom, and Italy, holding the second, third, and fourth positions, respectively. ### Growth in Spanish Computer Hardware Imports In contrast to the declining revenue, Spain's computer hardware imports are projected to see modest growth. Import values are expected to rise from $849 million in 2023 to nearly $904 million by 2028, reflecting an annual growth rate of 1% compounded annually. Since 1994, the demand for computer hardware in Spain has increased by an average of 1.3% each year. ### Slight Increase in Spanish Computer Hardware Exports Exports of Spanish computer hardware are also on a gradual upward trend. By 2028, exports are anticipated to reach close to $207 million, up from around $203 million in 2023, with an average annual growth rate of 0.3%. Since 1994, the supply of computer hardware from Spain has similarly grown at an average annual rate of 0.3%.
