Key Market Indicators
Spain's electronics revenue is projected to decline significantly, reaching approximately €10 billion by 2028 from nearly €15 billion in 2023. This represents an average annual decrease of 5.7%. Since 2010, the Spanish electronics market has been on a downward trajectory, contracting at an average rate of 5.2% per year. In the 2023 rankings, Spain was placed eighth, overtaken by Austria, which reported revenues of close to €15 billion. Leading the rankings were Italy, France, and Poland, securing the second, third, and fourth spots respectively.