ICT spending in Europe 2020-2027

Published by Statista Research Department, Dec 7, 2023
European spending on IT and telecom is set to exceed one trillion U.S. dollars in 2022 and is forecast to increase to 1.16 trillion U.S. dollars by 2027. IT and telecom spending refers to spending on traditional hardware, software, services, and telecommunications.

ICT spending in Europe from 2020 to 2027 (in million U.S. dollars)

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Release date

September 2023

Region

Europe

Survey time period

2020 to 2023

Supplementary notes

* Forecast

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