The software publishing sector in Italy has exhibited some volatility in employment numbers over the last decade. As of 2023, the sector employed 2.01 thousand individuals. From 2013 to 2023, trends show alternating periods of growth and decline with notable peaks and troughs. For instance, the sector saw a significant decline in 2020 with a YoY drop of 23.41%, followed by a recovery in the subsequent years. The average year-on-year variation over the last two years has been positive, with a slight increase in employment by 1.46% in 2023. However, the CAGR for the last five years leading up to 2023 is relatively flat at 0.04%, indicating stagnation.
Forecasts for 2024 and beyond suggest a gradual decline in employment within the software publishing sector, forecasting a 5-year CAGR of -2.91% and an overall decrease of 13.73% by 2028.
Future trends to watch for include the impact of technological advancements on job roles, potential automation, and the influence of broader economic factors such as regulatory changes and market consolidation on employment numbers within the software publishing industry.