European Production of Software Publishing by Country

In 2023, the European production of software publishing was dominated by France with a value of 16.56 Billion Euros, followed by Germany at 3.57 Billion Euros. Belgium, with a value of 0.4567 Billion Euros, and the Netherlands at 0.086 Billion Euros, trailed behind. Greece, Slovakia, and Slovenia held smaller shares, with values of 0.05935 Billion Euros, 0.04071 Billion Euros, and 0.01341 Billion Euros, respectively.

Year-on-year variations in 2023 highlighted different trends across countries. France experienced a modest increase of 2.46%, while Germany saw a more significant rise of 4.14%. Belgium and the Netherlands displayed notable growth rates of 9.27% and 5.12%, respectively. In contrast, Greece and Slovakia faced declines of -14.19% and -7.58%, respectively. Slovenia experienced a moderate increase of 3.65%.

Over the past five years, the compound annual growth rate (CAGR) provides insight into longer-term trends. Countries like Belgium and the Netherlands show potential for continuous growth, while Greece and Slovakia need to address their declining trends. As we look ahead, key future trends to watch include the increased adoption of cloud computing, AI, and digital transformation initiatives, which are likely to drive growth in the software publishing sector across Europe.