IT Services Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the IT Services Industry

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?

Forecast: European IT Services Output
Forecast: IT Services Output in the EU28
Forecast: IT Services Output in the EU27 (2020)
Forecast: IT Services Output in the Eurozone
Forecast: IT Services Output in Germany

World IT Services Top Rankings

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Global IT Services Statistics

Global IT Services Industry Database