The Manufacture of Computers and Peripheral Equipment sector in Spain experienced significant fluctuations over the past decade. The period from 2013 to 2015 saw growth, reaching a peak in 2015. However, since 2016, the sector has been on a consistent decline. By 2023, the value stood at 66.6 million euros, a significant drop from the peak in 2015.
Year-on-year variations showed a major dip in 2016, followed by a mix of minor recoveries and declines, culminating in a 7.5% decrease in 2023. Over the last two years, the sector experienced an average annual decline (CAGR) of approximately 11.49%. Looking ahead, forecasts indicate an average annual decline (CAGR) of 6.79% through 2028, resulting in a 29.63% decrease from 2024 levels.
Future Trends to Watch for:
- The impact of technological advancements and innovation on production efficiency.- Shifts in global supply chain dynamics affecting the sector.- Potential market consolidation and increased focus on high-value niche segments.- The role of government policies and investments in boosting the sector.