The ICT sector across Europe shows diverse levels of growth and contraction. The UK leads with the highest number of enterprises, followed by Poland and France. Notable growth is observed in countries like Croatia, Lithuania, and Serbia, reflecting favorable conditions for ICT expansion. Meanwhile, Germany experiences a slight decline, indicating a potential saturation or structural shifts within its ICT market.
Future trends to monitor include continued expansion in Eastern Europe with rising digital transformation, sustained investments in automation and AI technologies across the continent, and increased competitiveness fueled by collaboration and innovation in smaller nations. Watch for regulatory frameworks impacting ICT development in the region.
Top countries in Number of Enterprises of ICT by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 249,960 | 2023 | +2.07% | +2.23% | View data |
| 2 | 2 Poland | 171,010 | 2023 | +5.88% | +7.11% | View data |
| 3 | 3 France | 170,240 | 2023 | +3.35% | +4.79% | View data |
| 4 | 4 Netherlands | 134,450 | 2023 | +4.78% | +5.8% | View data |
| 5 | 5 Germany | 124,770 | 2023 | +1.14% | -0.82% | View data |
| 6 | 6 Italy | 112,250 | 2023 | +1.24% | +1.26% | View data |
| 7 | 7 Spain | 77,370 | 2023 | +2.12% | +2.04% | View data |
| 8 | 8 Sweden | 66,660 | 2023 | +2.12% | +2.47% | View data |
| 9 | 9 Czech Republic | 65,250 | 2023 | +5.05% | +5.56% | View data |
| 10 | 10 Hungary | 59,930 | 2023 | +4.67% | +5.71% | View data |