The production value of computer facilities management services in Spain has exhibited a declining trend from 2016 to 2023. In 2023, the value stood at 1.53 Billion Euros, reflecting a year-on-year decrease of 7.24%. Over the last two years, the industry saw negative growth rates: -6.94% in 2022 and -8.77% in 2021. The average annual decline rate, or CAGR, over the last five years up to 2023 was approximately -7.65%.
Looking ahead from 2024 to 2028, the forecast suggests a continued decline at a 5-year CAGR of -6.98%, predicting the value will drop to 0.9827 Billion Euros by 2028. This corresponds to an overall growth reduction of -30.36% over this period.
Future trends to watch for:
- Continued advancements and shifts towards cloud computing and digital transformation.
- Increasing automation and AI implementation within IT management services.
- Potential market consolidation, with smaller players being acquired by larger firms.
- Economic factors and investment shifts affecting technology spending in Spain.
