Technology & Telecommunications

IT market revenue in Europe 2016-2021

Published by Statista Research Department, Feb 11, 2022

The statistic displays the IT market revenue in Europe from 2016 to 2021.* In 2018 the turnover in the IT market was projected to be 427.7 billion U.S. Dollars. The IT market is expected to amount to approximately 465.2 billion U.S. Dollars by 2021. The category includes the segments IT equipment, software, and IT services. For more information about our methodology, definitions of covered content, and reach of our model click here.

IT market revenue in Europe from 2016 to 2021 (in billion U.S. Dollars)*

Characteristic	Revenue in billion U.S. Dollars
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Supplementary notes

* The values for 2017 are predominantly estimates based on up to date data points. Values for 2018 are mostly forecasts with some estimates. Values for the following years are forecasts.

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