The fixed investment in computer software and databases in Italy increased from 21.49 billion euros in 2013 to 31.38 billion euros in 2023. The investment saw various year-on-year variances, such as a notable increase of 10.06% in 2014 and a moderate rise of 1.72% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years leading up to 2023 was around 3.05%. Predictions indicate a forecasted five-year CAGR of 1.24% leading to 33.94 billion euros by 2028, representing a growth rate of 6.38% over this period.
Future trends to watch for include the impact of digital transformation initiatives, the growth of cloud computing, and increased cybersecurity investments, as these are likely to continue driving investment in software and databases in Italy. It will also be important to monitor the role of advancements in AI and machine learning, as well as the country's regulatory environment, which could influence future investment patterns.