In 2023, Germany led the European computer hardware sector in terms of wages and salaries, followed by the United Kingdom and Italy. However, Germany and the UK saw declines of 5.03% and 3.08% respectively, while Italy decreased by 2.14%. Remarkable positive growth was noted in the Czech Republic (6.32%), Romania (13.12%), and Slovakia (10.87%). Switzerland faced the steepest decline at 17.83%. Countries such as Sweden (0.96%), Denmark (4.38%), and Poland (2.64%) also saw moderate growth.
Future trends to watch:
• Continued wage declines in major markets like Germany and the UK could signal industry restructuring.
• Emerging markets like Romania and the Czech Republic exhibit strong sector growth potential.
• Watch for policy changes and economic conditions affecting wages in traditional tech hubs.
Top countries in Computer Hardware Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 859.1 | 2023 | +2.26% | -5.03% | View data |
| 2 | 2 United Kingdom | 284.7 | 2023 | -2.06% | -3.08% | View data |
| 3 | 3 Italy | 131.9 | 2023 | -2.3% | -2.14% | View data |
| 4 | 4 Hungary | 126.1 | 2023 | +1.69% | -0.3% | View data |
| 5 | 5 Czech Republic | 103.5 | 2023 | +1.87% | +6.32% | View data |
| 6 | 6 France | 95.9 | 2023 | -6.71% | -3.04% | View data |
| 7 | 7 Poland | 90 | 2023 | +0.67% | +2.64% | View data |
| 8 | 8 Romania | 79.1 | 2023 | +13.65% | +13.12% | View data |
| 9 | 9 Sweden | 64.3 | 2023 | +3.04% | +0.96% | View data |
| 10 | 10 Denmark | 50.8 | 2023 | +4.96% | +4.38% | View data |
