In 2024, Germany remains the frontrunner in the value added of ICT and Information Services among European countries, contributing significantly with 105.8 billion Euros. France follows with a value of 70.24 billion Euros, while Italy and Ireland trail behind at 36.71 billion Euros and 25.57 billion Euros respectively. Smaller contributions come from countries like Estonia with 1.11 billion Euros and Slovenia at 0.969 billion Euros. The variations from 2023 show moderate year-on-year increases across most countries, with Ireland (7.68%) and Estonia (4.21%) reflecting more substantial growth rates, highlighting their rapid sector expansion.
Future trends to watch include the continued growth of the ICT and Information Services sector in emerging markets such as Estonia and Slovenia, driven by increasing digitalization and innovation initiatives. Germany and France are expected to sustain their stronghold given their established tech ecosystems. Additionally, the post-pandemic digital transformation momentum is likely to spur growth across Southern Europe, improving the standing of Italy, Spain, and Greece in the ICT domain.
Top countries in Value Added of ICT and Information Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 105,800 | 2023 | +3.17% | +3.79% | View data |
| 2 | 2 France | 70,240 | 2023 | +2.63% | +3.2% | View data |
| 3 | 3 Italy | 36,710 | 2023 | +2.14% | +1.89% | View data |
| 4 | 4 Ireland | 25,570 | 2023 | +5.16% | +7.68% | View data |
| 5 | 5 Netherlands | 25,040 | 2023 | +2.89% | +2.79% | View data |
| 6 | 6 Spain | 19,720 | 2023 | +2.46% | +2.3% | View data |
| 7 | 7 Belgium | 11,650 | 2023 | +3.34% | +4.62% | View data |
| 8 | 8 Austria | 7,960 | 2023 | +2.88% | +2.99% | View data |
| 9 | 9 Finland | 7,120 | 2023 | +2.93% | +2.86% | View data |
| 10 | 10 Slovakia | 2,810 | 2023 | +3.33% | +3.95% | View data |
