Forecast: Output of ICT in the Netherlands

The forecasted output of the ICT sector in the Netherlands shows a steady growth trend from 2024 to 2028. In 2023, the ICT output stood at 98 billion Euros. Moving forward, the sector is expected to grow year-over-year by approximately 2.8% in 2024, 2.8% in 2025, 2.7% in 2026, 2.5% in 2027, and 2.4% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 2.6%.

Future trends to watch for include the rapid advancement of emerging technologies such as artificial intelligence, machine learning, and 5G networks. Additionally, the increasing demand for cybersecurity solutions and digital transformation initiatives across various industries are expected to drive further growth in the ICT sector. Companies will need to stay agile and innovative to capitalize on these opportunities.

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