Forecast: Output of Environmental Services in ICT by Expenditure Category in Belgium

The output of environmental services in ICT in Belgium was at 17.89 million Euros in 2023. From 2024 onwards, the forecasted data indicates a steady growth in output. The value is expected to rise from 18.77 million Euros in 2024 to 21.37 million Euros by 2028. This represents a year-on-year increase of 4.0% in 2024, 3.8% in 2025, 3.5% in 2026, 3.1% in 2027, and 2.8% in 2028. Over the 5-year period, the Compound Annual Growth Rate (CAGR) is projected to be 3.4%.

Future trends to watch for include:

  • Increasing integration of sustainable practices in ICT development.
  • Technological advancements and their impact on environmental efficiencies.
  • Regulatory changes favoring green technologies and environmental services.
  • Evolving consumer preferences for environmentally responsible ICT products.

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