The European ICT production landscape in 2023 highlights the United Kingdom as the leader, with significant contributions from Ireland and Germany. Ireland showed a remarkable YoY growth of 15.92%, while Eastern European countries like Bulgaria and Cyprus also registered double-digit growth, marking potential emerging hubs. Conversely, countries like Italy and the Netherlands experienced marginal declines. Over the last five years, the CAGR highlights slow but steady overall industry expansion.
Future trends to watch include continued digital transformation across sectors, potential shifts due to geopolitical influences, and the impact of sustainability policies driving innovation in ICT production. Monitoring emerging Eastern European markets can offer insights into dynamic growth regions.
Top countries in Production Value of ICT by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 313,940 | 2023 | +1.58% | +1.38% | View data |
| 2 | 2 Ireland | 250,060 | 2023 | +10.28% | +15.92% | View data |
| 3 | 3 Germany | 223,470 | 2023 | -0.0049% | +0.031% | View data |
| 4 | 4 France | 218,380 | 2023 | +0.99% | +1.26% | View data |
| 5 | 5 Italy | 105,120 | 2023 | -0.85% | -0.83% | View data |
| 6 | 6 Sweden | 70,120 | 2023 | +3.5% | +4.56% | View data |
| 7 | 7 Spain | 66,050 | 2023 | -0.79% | -0.067% | View data |
| 8 | 8 Netherlands | 65,550 | 2023 | -3.72% | -2.09% | View data |
| 9 | 9 Switzerland | 61,760 | 2023 | +3.2% | +4.11% | View data |
| 10 | 10 Poland | 40,670 | 2023 | +2.28% | +3.11% | View data |
