In 2023, Germany led European production of ICT and Information Services with 189.3 billion euros. France and Ireland followed with 121.24 billion and 94.39 billion euros, respectively. Most countries exhibited moderate growth, with Slovakia leading the gains at 5.14%, while Germany showed a steady growth of 3.96%. The smallest increases were seen in Italy and Spain, with 1.89% and 2.84% respectively.
Future trends to watch include:
- Continued digital transformation across industries, boosting ICT demand.
- Potential growth accelerations driven by AI and cloud technologies.
- Economic uncertainties affecting ICT investments in Southern Europe.
- Focus on green technologies and sustainable ICT solutions.
Top countries in Production of ICT and Information Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 189,300 | 2023 | +3.31% | +3.96% | View data |
| 2 | 2 France | 121,240 | 2023 | +2.89% | +3.76% | View data |
| 3 | 3 Ireland | 94,390 | 2023 | +4.2% | +4.08% | View data |
| 4 | 4 Italy | 69,720 | 2023 | +1.94% | +1.89% | View data |
| 5 | 5 Netherlands | 56,350 | 2023 | +3.49% | +3.39% | View data |
| 6 | 6 Spain | 42,830 | 2023 | +2.94% | +2.84% | View data |
| 7 | 7 Belgium | 25,090 | 2023 | +3.51% | +4.72% | View data |
| 8 | 8 Luxembourg | 23,840 | 2023 | +5.03% | +4.81% | View data |
| 9 | 9 Austria | 15,950 | 2023 | +2.88% | +3% | View data |
| 10 | 10 Finland | 14,030 | 2023 | +3.27% | +3% | View data |
