The turnover of software publishing in Belgium is projected to grow steadily from 506.4 million Euros in 2024 to 605.4 million Euros in 2028. This indicates a year-on-year growth rate of approximately 4.92% from 2024 to 2025, 4.68% from 2025 to 2026, 4.44% from 2026 to 2027, and 4.24% from 2027 to 2028. As of 2023, the actual turnover was recorded at 482.7 million Euros, showcasing a solid growth trajectory for the forecast period. The compound annual growth rate (CAGR) for the next five years is projected to be 4.75%.

Future trends to watch for:

Increasing investments in AI and cloud-based software solutions.
Expansion of domestic and international market presence by Belgian software firms.
Growing emphasis on cybersecurity and data privacy solutions due to regulatory changes.