Information technology (IT) spending in Europe 2022-2024

Published by
Ahmed Sherif
,
Dec 12, 2024

In 2024, information technology (IT) spending in Europe generated 1.18 trillion U.S. dollars, registering a substantial increase compared to the previous year. Unsurprisingly, IT services accounted for the largest spending category, reaching nearly 450 billion U.S. dollars in 2024. Moreover, IT spending in Europe is forecast to continue increasing to 1.28 trillion U.S. dollars by 2025.

Information technology (IT) spending in Europe from 2022 to 2024 (in billion U.S. dollars)

CharacteristicData Center SystemsDevicesSoftwareIT ServicesCommunications Services
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Showing entries 1 to 4 (4 entries in total)
Statistic: Information technology (IT) spending in Europe from 2022 to 2024 (in billion U.S. dollars)

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Release date

November 2024

Region

Europe

Survey time period

2022 to 2024

Supplementary notes

* Forecast.

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CEO, MindShare Germany

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