Global ICT Trends in 2024
ICT is part of ICT And Media and includes a number of sub-sectors such as Telecom, IT Services and Software. You may also be interested in Media And Entertainment, E-Services and Advanced IT.
European ICT Revenue is projected to reach approximately €2.08 trillion by 2028, up from around €1.84 trillion in 2023. This marks an annual compound growth rate (CAGR) of 1.9%. Since 2019, the European market has experienced an average annual growth rate of 2.8%. In 2023, Germany led the region in ICT revenue, generating about €319 billion. The United Kingdom, Ireland, and France followed in second, third, and fourth place, respectively. Significant growth was observed in Cyprus, which saw an impressive year-on-year increase of 18.5%. In contrast, Iceland's ICT revenue has declined by 2.4% annually since 2019.
Top 10 countries
In 2024 major markets in the ICT Industry were:
World ICT Market Data and Forecasts
How much the ICT industry is expected to grow to 2028?
World ICT Top Rankings
Global ICT Statistics
- Internet Penetration 237 countries (Europe, Northern Europe, Western Europe...)
- Number Of Employees 207 countries (Europe, Northern Europe, Southern Europe...)
- Internet Use Frequency 47 countries (Europe, Southern Europe, Northern Europe...)
- Educational Attainment 85 countries (Europe, Northern Europe, Western Europe...)
- ICT Export 211 countries (Europe, Asia, Southeast Asia...)
- ICT Import 200 countries (Asia, Europe, Southeast Asia...)
- ICT Consumption 94 countries (Europe, Asia, Southeast Asia...)
- Cloud Services Penetration 44 countries (Europe, Northern Europe, European Union...)
- Internet Subscribers 238 countries (Europe, Northern Europe, Western Europe...)
- Broadband Subscribers 239 countries (Europe, Northern Europe, Southern Europe...)
