European Software Trends in 2022
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 estimated to reach nearly €50 billion by 2026, with an average growth of 1.8% year on year. France currently holds the lead in revenue, with €15 billion in 2021. Germany, the United Kingdom and Sweden follow in the ranks. Since 2016, Estonia has seen an impressive 59.5% growth in software revenue, while Germany has experienced an 11.7% decline.
Top 10 countries
In 2022 major markets in the Software Industry were:
Software Market Data and Forecasts
How much the Software industry is expected to grow to 2026?
More in Software Industry for 2027Global Software Statistics
- Number Of Employees 206 countries (Europe, Northern Europe, Southern Europe...)
- Software Revenue 54 countries (Europe, Northern Europe, Southern Europe...)
- Educational Attainment 85 countries (Europe, Northern Europe, Western Europe...)
- Textile Production 77 countries (Europe, Northern Europe, Eastern Europe...)
- SaaS Penetration 3 countries (Netherlands, Western Europe, Europe...)
- Software Price 47 countries (Europe, Southern Europe, Northern Europe...)
- Gross Domestic Expenditure On R&D 106 countries (Europe, Eastern Europe, Asia...)
- Gross Fixed Capital Formation 238 countries (Europe, Northern Europe, Western Europe...)
- Higher Education Expenditure On R&D 84 countries (Europe, Northern Europe, Asia...)
- Government Expenditure On R&D 138 countries (Europe, Northern Europe, Eastern Europe...)
