European Turnover of Software Publishing by Country

France leads with €17.53 billion in software publishing turnover, followed by Sweden at €5.89 billion and the United Kingdom at €4.32 billion. Germany, despite its significant economic influence, stands at €1.77 billion with a notable -8.93% year-on-year decline. Meanwhile, smaller countries like Cyprus see rapid growth, with a 39% increase. Other growth hotspots include the Czech Republic (13.78%), Romania (13.97%), and Serbia (15.41%). Overall, countries like Portugal (12.03%), Austria (11.07%), and Belgium (12.83%) also show robust increases. Conversely, Greece has a -11.05% decline, and Croatia marginally decreases by -0.4%.

Future trends to monitor include increasing contributions from emerging markets such as Romania, the Czech Republic, and Serbia, alongside the consistent growth in Scandinavia. Close attention should be paid to Germany's trajectory and the sustained upswing in smaller economies like Cyprus and Lithuania. Additionally, the recovery pace of countries with declining trends, such as Greece, will be crucial.