Key Market Indicators
Italy's computer hardware market is projected to see a slight decline in revenue over the next five years. By 2028, revenue is expected to drop to €1.24 billion from €1.26 billion in 2023, marking an average annual decrease of 0.2%. Despite this upcoming decline, the Italian market has shown resilience, having grown by approximately 1.1% annually since 2013. In 2023, Italy ranked fourth in the European computer hardware market, with the United Kingdom slightly ahead at €1.26 billion. Germany and the United Kingdom held the second and third spots, respectively. On the import front, Italy's demand for computer hardware is set to increase. Imports are estimated to reach $1.41 billion by 2028, up from $1.33 billion in 2023. This reflects an annual growth rate of 1%. The demand for imports has been on a steady rise, growing by 1.4% per year since 1999. Exports are also on an upward trajectory. Italy's computer hardware exports are forecasted to hit $423 million by 2028, compared to $396 million in 2023. This represents an annual compound growth rate of 1.1%. The export market has seen a consistent increase, with a 1.4% annual growth rate since 1999. Overall, while revenue is set to dip slightly, both imports and exports of computer hardware in Italy are expected to continue their steady growth.
