The value added of ICT in the Netherlands has shown an overall growth trend from 2013 to 2023. Starting at €27.92 billion in 2013, it rose to €38.65 billion in 2023, marking a steady upward trajectory despite minor fluctuations. The sector experienced notable growth between 2015 and 2019, with year-on-year increases ranging from 3.5% to 6.09%. In 2020, the value stagnated slightly due to global disruptions but rebounded marginally in subsequent years. The CAGR over the last five years (2019-2023) stands at 2.26%, indicating moderate growth.
Going forward, the forecasted data suggest continued, albeit slower, growth in the ICT sector. The average annual growth rate over the next five years is expected to be 1.18%, culminating in a predicted value of €41.7 billion by 2028, marking a total growth of 6.04% over this period.
Future trends to watch for include:
- Increased adoption of emerging technologies such as AI and IoT.
- Ongoing digital transformation across various industries.
- The influence of regulatory changes and government initiatives aiming to bolster digital infrastructure.
- Impact of macroeconomic factors on ICT spending and investment.
