In 2023, Germany led the European market in computer programming and consultancy with a production value of 126.11 billion Euros, reflecting a year-on-year (YoY) growth of 3.03%. The United Kingdom closely followed with a value of 125.23 billion Euros and a growth rate of 1.75%. Ireland witnessed the highest growth at 12.56%, reaching 86.73 billion Euros. France stood at 82.05 billion Euros with a 3.95% increase. Italy showed a modest rise to 47.53 billion Euros, growing at 2.79%. The Netherlands, Sweden, and Spain also saw increases in production value to 40.92 billion Euros (0.99%), 35.36 billion Euros (5.44%), and 30.28 billion Euros (2.29%), respectively.
Notable growth was observed in Poland, which rose by 10.96% to 23.08 billion Euros, and Switzerland at 30.23 billion Euros with a growth rate of 6.05%. Other significant increases were recorded in Romania (11.6% to 8.54 billion Euros), Portugal (13.47% to 7.68 billion Euros), Bulgaria (13.8% to 5.35 billion Euros), Cyprus (15.47% to 3.67 billion Euros), Estonia (16.39% to 2.65 billion Euros), and Lithuania (14.5% to 2.02 billion Euros). Smaller markets such as Bosnia and Herzegovina, and Macedonia had substantial growth rates of 16.62% and 3.66%, respectively.
Future trends to watch include the continuous growth in Eastern European countries driven by emerging tech hubs and favorable business environments. Ireland's rapid growth might influence other small economies within Europe. The digitalization trends, push for digital transformation across industries, and investment in IT infrastructure are expected to drive further growth in computer programming and consultancy production values throughout Europe. Keep an eye on countries with high YoY growth rates as they might become significant players in the industry.
Top countries in Production Value of Computer Programming and Consultancy by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 126,110 | 2023 | +3.21% | +3.03% | View data |
| 2 | 2 United Kingdom | 125,230 | 2023 | +2.17% | +1.75% | View data |
| 3 | 3 Ireland | 86,730 | 2023 | +4.22% | +12.56% | View data |
| 4 | 4 France | 82,050 | 2023 | +3.43% | +3.95% | View data |
| 5 | 5 Italy | 47,530 | 2023 | +2.57% | +2.79% | View data |
| 6 | 6 Netherlands | 40,920 | 2023 | -0.37% | +0.99% | View data |
| 7 | 7 Sweden | 35,360 | 2023 | +4.28% | +5.44% | View data |
| 8 | 8 Spain | 30,280 | 2023 | +2.09% | +2.29% | View data |
| 9 | 9 Switzerland | 30,230 | 2023 | +4.87% | +6.05% | View data |
| 10 | 10 Poland | 23,080 | 2023 | +8.75% | +10.96% | View data |
