European Software Trends in 2024
Software is part of ICT and includes a number of sub-sectors such as SaaS, Software Development, Application, Enterprise Software and Infrastructure Software. You may also be interested in Telecom and IT Services.
European software revenue is projected to hit €61 billion by 2028, up from €51 billion in 2023, marking an average annual growth rate of 2.9%. Since 2019, the European market has seen an annual increase of 5.3%. In 2023, France led the continent in software revenue, generating €18 billion. Trailing behind were Sweden, the United Kingdom, and Cyprus, which secured the second, third, and fourth spots respectively. Notably, Cyprus experienced a significant annual growth rate of 39%. In contrast, Greece's software revenue has declined by 11% annually since 2019.
Latest reports
US Enterprise Software Market Report- Q1 2025
The US enterprise software market in Q1 2025 is characterized by notable growth driven by advancements in cloud computing and artificial intelligence (AI)....
China Enterprise Software Market Report- Q1 2025
The first quarter of 2025 has been a pivotal period for the enterprise software market in China, marked by significant developments across various...
Japan Enterprise Software Market Report- Q1 2025
In Q1 2025, Japan's enterprise software market saw significant growth driven by technological advancements and a strong push towards digital transformation across industries....
Germany Enterprise Software Market Report- Q1 2025
The German enterprise software market continues to evolve in Q1 2025, driven by technological advancements and strategic investments across key sectors such as...
India Enterprise Software Market Report- Q1 2025
The first quarter of 2025 has been pivotal for the Enterprise Software India market, witnessing significant trends and strategic movements among key players....
UK Enterprise Software Market Report- Q1 2025
The UK enterprise software market in Q1 2025 exhibited sustained growth amidst economic challenges and evolving technological demands. Significant developments were observed across...
France Enterprise Software Market Report- Q1 2025
The France enterprise software market in Q1 2025 is characterized by a strong focus on cloud-based solutions and the integration of artificial intelligence...
Brazil Enterprise Software Market Report- Q1 2025
In Q1 2025, the Brazilian enterprise software market experienced significant developments driven by economic pressures, digital transformation, and technological advancements. This period was...
Italy Enterprise Software Market Report- Q1 2025
The first quarter of 2025 has been pivotal for the Enterprise Software market in Italy, demonstrating significant growth and challenges across various segments....
South Korea Enterprise Software Market Report- Q1 2025
The South Korean enterprise software market in Q1 2025 presents a dynamic landscape characterized by evolving business sentiments, increased adoption of digital solutions,...
Top 10 countries
In 2024 major markets in the Software Industry were:
World Software Market Data and Forecasts
How much the Software industry is expected to grow to 2028?
World Software Top Rankings
Global Software Statistics
- Number Of Employees 207 countries (Europe, Northern Europe, Southern Europe...)
- Educational Attainment 85 countries (Europe, Northern Europe, Western Europe...)
- Software Revenue 55 countries (Europe, Northern Europe, Southern Europe...)
- Textile Production 97 countries (Europe, Northern Europe, Eastern Europe...)
- SaaS Penetration 3 countries (Netherlands, Western Europe, Europe...)
- Gross Domestic Expenditure On R&D 105 countries (Europe, Eastern Europe, Northern Europe...)
- Software Price 47 countries (Europe, Southern Europe, Northern Europe...)
- Government Expenditure On R&D 138 countries (Europe, Northern Europe, Eastern Europe...)
- Higher Education Expenditure On R&D 81 countries (Europe, Northern Europe, Eastern Europe...)
- Business Enterprise Expenditure On R&D 85 countries (Europe, Eastern Europe, East Asia...)
