The value added of IT services in the Netherlands has exhibited substantial growth from 14.97 billion Euros in 2013 to 25.56 billion Euros in 2023. This represents a Compound Annual Growth Rate (CAGR) of 3.21% over the past five years. Particularly noteworthy, the sector saw significant year-on-year growth in its earlier years, peaking at 11.22% in 2016. However, growth has moderated more recently, with 2.63% in 2023. The forecast from 2024 to 2028 predicts a modest 1.79% CAGR, anticipating the value to reach 28.67 billion Euros by 2028.
Future trends to watch for include increased demand for cybersecurity services, the integration of AI and machine learning into IT operations, and growing investments in cloud infrastructure. These factors are expected to drive the sector’s value addition, despite the overall moderated growth rate projected.
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