ICT Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the ICT Industry

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?

Forecast: Exports of ICT Services in the World
Forecast: Exports of ICT Services in the EU
Forecast: Exports of ICT Services in the Eurozone
Forecast: Exports of ICT Services in Ireland
Forecast: Exports of ICT Services in the UK

World ICT Top Rankings

Global ICT Employment by Country
Global Employment in ICT and Information Services by Country
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Global ICT Statistics

Global ICT Industry Database