The value added of ICT services in Italy experienced fluctuations over the years, with some periods of decline and others of growth. Notably, in 2023, the value stood at €7.08 billion. Over the last two years, there was a minor contraction in 2022 by -1.22%, followed by a modest increase of 0.73% in 2023. The five-year CAGR leading up to 2023 was 0.51%, indicating slow but steady growth. The forecast indicates continued growth at an average annual rate of 0.53%, with a total increase of 2.67% by 2028.
Future trends to watch for:
- The possible impact of digital transformation investments on the ICT sector.
- Potential disruptions from emerging technologies such as AI and IoT.
- The influence of macroeconomic factors on market growth.
- Regulatory changes in the ICT sector.
