The European Production Value of ICT in 2024 shows that the United Kingdom leads with a value of 18.55 million euros, followed by Ireland at 14.78 million euros, and Germany at 13.21 million euros. France and Italy round out the top five with values of 12.91 million euros and 6.21 million euros, respectively. Observing year-on-year variations, Ireland demonstrates significant growth at 15.92%, trailed by Cyprus at 18.5%, and Estonia at 11.71%. Conversely, the Netherlands and Luxembourg experienced declines of -2.09% and -2.23%, respectively. Notably, Bulgaria and Lithuania reported robust positive changes at 9.64% and 10.04%, respectively.
Looking forward, several trends warrant attention:
- The surge in Ireland's ICT production value suggests a potential long-term growth trajectory.
- Countries experiencing significant year-on-year increases, such as Cyprus and Estonia, indicate emerging markets worth monitoring.
- Sustained high annual growth rates in regions like Bulgaria and Lithuania may reshape the overall European ICT landscape.
- Declines in traditionally strong markets like the Netherlands and Luxembourg hint at potential shifts in industry dynamics.
Top countries in Production Value of ICT Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 18.55 | 2023 | +1.58% | +1.38% | View data |
| 2 | 2 Ireland | 14.78 | 2023 | +10.28% | +15.92% | View data |
| 3 | 3 Germany | 13.21 | 2023 | -0.0049% | +0.031% | View data |
| 4 | 4 France | 12.91 | 2023 | +0.99% | +1.26% | View data |
| 5 | 5 Italy | 6.21 | 2023 | -0.85% | -0.83% | View data |
| 6 | 6 Sweden | 4.14 | 2023 | +3.5% | +4.56% | View data |
| 7 | 7 Spain | 3.9 | 2023 | -0.79% | -0.067% | View data |
| 8 | 8 Netherlands | 3.87 | 2023 | -3.72% | -2.09% | View data |
| 9 | 9 Switzerland | 3.65 | 2023 | +3.2% | +4.11% | View data |
| 10 | 10 Poland | 2.4 | 2023 | +2.28% | +3.11% | View data |
