The value added of software publishing in Italy stood at €184.88 million in 2023. The sector experienced mixed trends over the past decade, with notable growth spurts in 2016 and 2019, where values soared by 32.8% and 21.22%, respectively. However, it also faced downturns, particularly in 2017 (-17.93%) and 2018 (-7.33%). The last two years remained relatively stable, with a slight increase of 0.85% in 2023 and a minor decline of 1.1% in 2022. The compounded annual growth rate (CAGR) for the past five years was 3.74%.
Looking ahead, forecasted data from 2024 to 2028 suggest a modest upward trend, with an overall growth rate of 3.42% and a five-year CAGR of 0.68%. Future trends to watch for include advancements in AI and machine learning, increased demand for cybersecurity solutions, and the potential impact of remote work on software development and distribution.
