The European ICT output in 2023 shows Germany at the forefront with €376.03 billion, followed by France and the United Kingdom. Ireland, with strong growth of 16.16%, is a standout performer. Notable growth is observed in smaller markets like Bulgaria and Cyprus, with double-digit increases. The landscape demonstrates varied growth rates, with the highest performers showing resilience amidst the competitive market. Some regions like Montenegro experienced a decline.
Future trends to watch include digital transformation, the adoption of emerging technologies, and regional collaboration, which could further boost ICT outputs and foster growth across the European nations. Encouraging growth in less dominant markets through innovation will be pivotal.
Top countries in ICT Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 376,030 | 2023 | +4.19% | +4.77% | View data |
| 2 | 2 France | 282,580 | 2023 | +6.18% | +5.91% | View data |
| 3 | 3 United Kingdom | 270,990 | 2023 | +1.55% | +1.6% | View data |
| 4 | 4 Ireland | 250,160 | 2023 | +14.06% | +16.16% | View data |
| 5 | 5 Italy | 138,510 | 2023 | +2.49% | +1.87% | View data |
| 6 | 6 Spain | 115,060 | 2023 | +7.5% | +5.65% | View data |
| 7 | 7 Netherlands | 102,100 | 2023 | +5.01% | +4.62% | View data |
| 8 | 8 Sweden | 90,570 | 2023 | +3.06% | +6.83% | View data |
| 9 | 9 Switzerland | 76,930 | 2023 | +3.73% | +7.25% | View data |
| 10 | 10 Poland | 54,260 | 2023 | +3.98% | +7.15% | View data |
