European IT Services Trends in 2024
IT Services is part of ICT and includes a number of sub-sectors such as IT Outsourcing and IT Consulting. You may also be interested in Telecom and Software.
European IT services exports are projected to reach approximately €1.27 trillion by 2028, rising from around €1.04 trillion in 2023. This growth represents an average annual increase of 3.2%. Since 2019, the supply of European IT services has expanded at an average annual rate of 6.9%. In 2023, Germany led the continent in IT services production, generating roughly €224 billion. France, the United Kingdom, and Italy followed Germany, ranking second, third, and fourth, respectively. Notably, Estonia has experienced a significant year-on-year growth rate of 27.9%, while the United Kingdom has seen a more modest increase of 2.3% annually since 2019.
Top 10 countries
In 2024 major markets in the IT Services Industry were:
World IT Services Market Data and Forecasts
How much the IT Services industry is expected to grow to 2028?
World IT Services Top Rankings
Global IT Services Statistics
- IT Services Production 67 countries (Europe, Northern Europe, Southern Europe...)
- ICT Employment 66 countries (Europe, Northern Europe, Eastern Europe...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)
- IT Services Revenue 50 countries (Europe, Southern Europe, Northern Europe...)
- Employment Income 87 countries (Europe, Southern Europe, Northern Europe...)
- ICT Production 136 countries (Europe, Northern Europe, Southern Europe...)
- ICT Consumption 94 countries (Europe, Asia, Southeast Asia...)
- Gross Domestic Product 249 countries (Europe, Northern Europe, Western Europe...)
- IT Services Import 3 countries (Malaysia, Southeast Asia, Asia...)
- ICT Expenditure 3 countries (Malaysia, Southeast Asia, Asia...)
