In 2023, Germany led the European production of ICT and information services with a share of 28.4 million euros, followed by France at 18.19 million euros, and Ireland at 14.16 million euros. Italy and Netherlands held notable positions with 10.46 and 8.45 million euros respectively, while Spain, Belgium, and Luxembourg continued to contribute significantly, albeit at lower volumes. Austria, Finland, Slovakia, and Greece showed moderate production levels. Estonia, Lithuania, and Slovenia had the smallest shares. Year-on-year variations revealed a general positive trend, with Luxembourg (4.81%) and Slovakia (5.14%) experiencing the highest growth.
Future trends to watch include potential market expansions in smaller economies with higher growth rates like Slovakia and Estonia. Increasing technological advancements and shifts towards digital economies may further enhance production capacities. Moreover, geopolitical factors, economic policies, and intra-European collaborations will play crucial roles in shaping the ICT sector across Europe. Focus on sustainability and green technology integration in ICT services could also drive future growth.
Top countries in Production of ICT and Information Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.4 | 2023 | +3.31% | +3.96% | View data |
| 2 | 2 France | 18.19 | 2023 | +2.89% | +3.76% | View data |
| 3 | 3 Ireland | 14.16 | 2023 | +4.2% | +4.08% | View data |
| 4 | 4 Italy | 10.46 | 2023 | +1.94% | +1.89% | View data |
| 5 | 5 Netherlands | 8.45 | 2023 | +3.49% | +3.39% | View data |
| 6 | 6 Spain | 6.43 | 2023 | +2.94% | +2.84% | View data |
| 7 | 7 Belgium | 3.76 | 2023 | +3.51% | +4.72% | View data |
| 8 | 8 Luxembourg | 3.58 | 2023 | +5.03% | +4.81% | View data |
| 9 | 9 Austria | 2.39 | 2023 | +2.88% | +3% | View data |
| 10 | 10 Finland | 2.1 | 2023 | +3.27% | +3% | View data |
