European Software Trends in 2022
Software is part of ICT and includes a number of sub-sectors such as SaaS, Software Development, Application, Enterprise Software and Infrastructure Software. You may also be interested in Telecom and IT Services.
European Software Revenue is set to reach €48,470 Million by 2026 from €43,550 Million in 2021, growing 1.8% year on year on average. Since 2016, European market was up 4.1% year on year. With €15,140 Million in 2021, France was number 1 in European Software Revenue. Germany, the United Kingdom and Sweden respectively ranked numbers 2, 3 and 4 in this ranking. Estonia grew 59.5% year on year, while Germany was down by 11.7% year on year since 2016.
Top 10 countries
In 2022 major markets in the Software Industry were:
Software Market Data and Forecasts
How much the Software industry is expected to grow to 2026?
More in Software Industry for 2026Global Software Statistics
- Number Of Employees 206 countries (Europe, Northern Europe, Southern Europe...)
- Software Revenue 54 countries (Europe, Northern Europe, Southern Europe...)
- Educational Attainment 85 countries (Europe, Northern Europe, Western Europe...)
- Textile Production 77 countries (Europe, Northern Europe, Eastern Europe...)
- SaaS Penetration 3 countries (Netherlands, Western Europe, Europe...)
- Software Price 47 countries (Europe, Southern Europe, Northern Europe...)
- Gross Domestic Expenditure On R&D 106 countries (Europe, Eastern Europe, Asia...)
- Gross Fixed Capital Formation 238 countries (Europe, Northern Europe, Western Europe...)
- Higher Education Expenditure On R&D 84 countries (Europe, Northern Europe, Asia...)
- Government Expenditure On R&D 138 countries (Europe, Northern Europe, Eastern Europe...)