The production of ICT services in Poland has shown a varied trend over the past decade. Starting from 8.01 billion Zloty in 2013 to reaching 17.45 billion Zloty in 2023. The growth has experienced fluctuations with notable increments, particularly a substantial 33.28% increase in 2015. The negative growth in 2016 and 2020, along with minor increases in 2019 and 2022, indicate periods of slower growth or market corrections. However, the compound annual growth rate (CAGR) suggests an average growth of 4.1% over the last five years till 2023, showcasing a more stabilized increase towards the end of the decade.
The forecast till 2028 anticipates continued growth, albeit at a slightly lower average annual growth rate of 2.83%, resulting in a forecasted reach of 20.92 billion Zloty.
Future trends to watch for:
• The potential impact of digital transformation and innovation in ICT services.
• Economic factors and policy changes in Poland that could influence investment and growth.
• Technological advancements such as AI, ML, and IoT driving the sector forward.
• The role of global market dynamics and outsourcing trends in shaping local production capacities.