The production of ICT and Information Services in the Netherlands experienced significant growth from 2013 to 2023, increasing from €26.63 billion to €56.35 billion. Over this period, the market saw an overall positive trend, with year-on-year variations peaking at 18.65% in 2015, reflecting robust expansion. While growth moderated after 2019, with a slight dip in 2020 (-1.04%), it rebounded strongly, reaching a value of €56.35 billion in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 3.39%, indicating steady, albeit slower, growth compared to earlier periods.
Looking ahead, forecast data for 2024-2028 shows continued growth in the production of ICT and Information Services, with the value expected to reach €66.34 billion by 2028. The projected CAGR over the next five years is 2.55%, suggesting modest but sustained expansion.
Future trends to watch for include the acceleration of digital transformation initiatives, the rise of artificial intelligence and machine learning applications, and increased demand for cybersecurity services. Additionally, emerging technologies such as 5G and the Internet of Things (IoT) will likely drive further growth in the ICT sector.
