As of 2023, Germany leads in the European computer, electronic, and optical products sector with 17.75% of enterprises, followed by the United Kingdom and Italy. Noteworthy trends include a decline in the UK's share by 1.55%, whereas Slovakia and the Netherlands saw growths of 2.02% and 2.34%, respectively. Belgium experienced the most significant increase with 6.72%. Conversely, France, Sweden, and Hungary all faced declines over 2%. The growth in enterprise share is particularly notable in emerging markets like Estonia and Latvia, indicating a diversification of industrial activity in smaller economies.
Future trends to observe include the potential continued decline in some Western European countries and steady growth in Eastern Europe. The surge in digitization and the increasing demand for electronic products might stimulate new enterprise growth in tech-savvy regions. Pay attention to how economic conditions, Brexit-related outcomes, and digital transformation policies will influence the number of enterprises in this sector across Europe in 2024 and beyond.
Top countries in Computer, Electronic and Optical Products Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.75 | 2023 | +0.026% | +0.28% | View data |
| 2 | 2 United Kingdom | 12.58 | 2023 | -1.47% | -1.55% | View data |
| 3 | 3 Italy | 11.5 | 2023 | +1.34% | +1.41% | View data |
| 4 | 4 Poland | 9.35 | 2023 | +2.74% | +1.03% | View data |
| 5 | 5 Czech Republic | 7.26 | 2023 | -0.34% | +0.0062% | View data |
| 6 | 6 France | 4.9 | 2023 | -4.72% | -2.11% | View data |
| 7 | 7 Spain | 4.83 | 2023 | -1.25% | -0.88% | View data |
| 8 | 8 Slovakia | 4.6 | 2023 | +4.97% | +2.02% | View data |
| 9 | 9 Netherlands | 4.55 | 2023 | +2.45% | +2.34% | View data |
| 10 | 10 Switzerland | 2.85 | 2023 | -1.41% | -1.11% | View data |