In 2023, France led European fixed investment in ICT equipment with a growth of 7.52%, while Italy followed with a 3.25% increase. Notably, Greece saw a significant uptick of 13.73%. Ireland and Luxembourg were outliers with slight declines of -0.12% and -0.83%, respectively, indicating varying regional dynamics. Lithuania experienced a strong 7.61% increase, highlighting emerging potential.
Future trends to monitor for European fixed investment in ICT equipment include:
- Rising demand in Southern Europe, particularly Greece and Portugal.
- Potential growth opportunities in Eastern Europe, with Lithuania showing promise.
- Continuing investment initiatives within top-performing countries like France and Italy.
- A focus on digital transformation and technological advancements driving investments regionally.
Top countries in Fixed Investment in ICT Equipment Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 22.91 | 2023 | +4.27% | +7.52% | View data |
| 2 | 2 Italy | 21.03 | 2023 | +0.25% | +3.25% | View data |
| 3 | 3 Spain | 13.75 | 2023 | +2.04% | +1.03% | View data |
| 4 | 4 Belgium | 9.11 | 2023 | -1.11% | +1.59% | View data |
| 5 | 5 Netherlands | 8.38 | 2023 | -2.12% | +2.58% | View data |
| 6 | 6 Austria | 7.3 | 2023 | -1.89% | +1.68% | View data |
| 7 | 7 Greece | 5.62 | 2023 | +11.95% | +13.73% | View data |
| 8 | 8 Ireland | 4.43 | 2023 | -21.03% | -0.12% | View data |
| 9 | 9 Portugal | 3.08 | 2023 | +3.71% | +4.75% | View data |
| 10 | 10 Lithuania | 1.14 | 2023 | +2.1% | +7.61% | View data |