The value-added of IT services in Poland has shown a strong growth trajectory from 2013 to 2023, reaching 74.44 billion Zloty in 2023. This represents a substantial increase from 23.74 billion Zloty in 2013, driven by consistently strong year-on-year growth rates averaging in the double-digits for most of the last decade.
Key trends and variations:
- Year-on-year variation peaked at 18.36% in 2013, with subsequent fluctuations but generally remaining robust.
- The compounded annual growth rate (CAGR) over five years showed strong performance, with an average of 11.88% CAGR as of 2023.
- In recent years, the growth rate has started to slow, with 8.87% year-on-year in 2023, moving into a forecasted CAGR of 5.24% by 2028.
Future trends to watch for:
As the market matures, the forecast indicates a slowed growth rate towards a more stable, yet still positive, expansion. Key areas to monitor include advancements in cloud computing, IT infrastructure investment, cybersecurity, and the digital transformation of sectors like healthcare and finance. Additionally, the impact of emerging technologies like AI, IoT, and 5G are likely to play significant roles in driving future growth within the Polish IT service industry.
