In 2023, France led European countries in fixed investment in ICT equipment at 16.32 billion euros, showing a 7.52% year-on-year growth. Italy followed with 14.99 billion euros and a 3.25% increase. Spain and Belgium exhibited modest increments of 1.03% and 1.59%, respectively. Greece surged by 13.73%, while Ireland declined slightly by 0.12%. The Baltic countries, although having smaller absolute values, showed respectable growth: Lithuania and Latvia increased by 7.61% and 5.16%, respectively. Over the past five years, a steady Compound Annual Growth Rate (CAGR) suggests sustained interest and investment expansion in ICT across Europe.
Future trends to watch include increased funding in AI-related technologies, a shift towards cloud-based solutions, and enhanced cybersecurity investments. Monitoring these trends can provide insights into strategic priorities and emerging markets within European ICT investments.
Top countries in Fixed Investment in ICT Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16,320 | 2023 | +4.27% | +7.52% | View data |
| 2 | 2 Italy | 14,990 | 2023 | +0.25% | +3.25% | View data |
| 3 | 3 Spain | 9,790 | 2023 | +2.04% | +1.03% | View data |
| 4 | 4 Belgium | 6,490 | 2023 | -1.11% | +1.59% | View data |
| 5 | 5 Netherlands | 5,970 | 2023 | -2.12% | +2.58% | View data |
| 6 | 6 Austria | 5,200 | 2023 | -1.89% | +1.68% | View data |
| 7 | 7 Greece | 4,000 | 2023 | +11.95% | +13.73% | View data |
| 8 | 8 Ireland | 3,150 | 2023 | -21.03% | -0.12% | View data |
| 9 | 9 Portugal | 2,190 | 2023 | +3.71% | +4.75% | View data |
| 10 | 10 Lithuania | 814.22 | 2023 | +2.1% | +7.61% | View data |
