Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+ Industry Domains
Report
Press Release
Blogs
Industry Statistics
Add 2 More Reports For 20% off

Europe ICT Market Report Overview

The Europe ICT market reached a value of USD 1.16 Trillion in 2025 and is projected to expand at a CAGR of around 5.30% during the forecast period of 2026-2035. With AI-powered digital transformation reshaping enterprise cloud and software, sustained 5G rollouts, rising cybersecurity investment under the NIS2 Directive, and Digital Decade grants accelerating SME cloud adoption, the market is expected to reach USD 1.94 Trillion by 2035.

Key Market Trends and Insights

  • Germany is expected to record a CAGR of approximately 11.3% over the forecast period, driven by enterprise digitisation, national digital sovereignty investment in software and microchip production, and strong demand for cloud-native ERP and industrial IoT platforms.
  • The Software segment is expected to exhibit a CAGR of approximately 6.5% over the forecast period, driven by enterprise SaaS adoption, cloud ERP and CRM deployments, and the EU Digital Decade 75% cloud usage target driving systematic software migration.
  • The Small and Medium Enterprises segment is anticipated to register a faster CAGR, driven by cloud adoption rising 34% year-on-year in 2025 and government incentive programmes.

Market Size & Forecast

  • Market Size in (2025): USD 1.16 Trillion
  • Projected Market Size in (2035): USD 1.94 Trillion
  • Compound Annual Growth Rate (CAGR) (2026–2035): 5.30%

Europe ICT Market Graph

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Europe ICT Market Report Summary Description Value
Base Year USD Trillion 2025
Historical Period USD Trillion 2019-2025
Forecast Period USD Trillion 2026-2035
Market Size 2025 USD Trillion 1.16
Market Size 2035 USD Trillion 1.94
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 5.30%
CAGR 2026-2035 - Market by Country United Kingdom 6.9%
CAGR 2026-2035 - Market by Industry Vertical IT and Telecom 6.0%
CAGR 2026-2035 - Market by Enterprise Size Small and Medium Enterprises 5.8%
Market Share by Country 2025 Germany XX%

Key Trends and Recent Developments

Europe ICT Industry Segmentation

The report of Expert Market Research titled “Europe ICT Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Hardware
    • Network Switches 
    • Routers and WLAN 
    • Servers and Storage 
    • Others 
  • Software
  • IT and Infrastructure Services
  • Telecommunication Services

Key Insight: IT and Infrastructure Services leads European ICT by type, underpinned by enterprise cloud migration and public-sector data centre procurement; Software is the fastest-growing type at approximately 6.5% CAGR, with cybersecurity sub-services recording 7.26% CAGR under NIS2 compliance mandates.

Market Breakup by Enterprise Size

  • Small and Medium Enterprises
  • Large Enterprises

Key Insight: Large enterprises lead European ICT expenditure with 86% business software adoption; SMEs are the faster-growing size segment, with cloud uptake rising 34% year-on-year in 2025 supported by EU Digital Decade incentive programmes.

Market Breakup by Industry Vertical

  • BFSI
  • IT and Telecom
  • Government
  • Retail and E-Commerce
  • Manufacturing
  • Energy and Utilities
  • Others

Key Insight: Government is the dominant industry vertical, anchored by NIS2 compliance requirements and EU Digital Decade grant deployment; Retail and E-Commerce is the fastest-growing vertical, driven by cloud commerce adoption and AI-enabled cross-border payments growth.

Market Breakup by Country

  • United Kingdom
  • Germany
  • France
  • Italy
  • Others

Key Insight: Germany holds a 20% European ICT market share and is the fastest-growing major country market at approximately 11.3% CAGR, driven by digital sovereignty investment; the United Kingdom commands the largest share of European IT services at 26.64%.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Europe ICT Market Share

By Type, IT and Infrastructure Services dominates European ICT due to enterprise cloud migration and public-sector data centre procurement

IT and Infrastructure Services leads European ICT expenditure. Cloud and platform services held 33.74% of Europe IT services revenue in 2025. Software is the fastest-growing type at approximately 6.5% CAGR, driven by SaaS, cloud ERP, and SAP S/4HANA investment.

Europe ICT Market Segment Type

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By Enterprise Size, Large Enterprises lead European ICT due to government digital mandates and systematic enterprise cloud migration programmes

Large enterprises command approximately 61.4% of European ICT spending, anchored by government entities, banks, and energy companies. SMEs are the faster-growing segment, with cloud adoption up 34% year-on-year in 2025 supported by Digital Decade grants.

Europe ICT Market Segment Enterprise Size

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By Industry Vertical, Government leads European ICT expenditure driven by digital transformation mandates and NIS2 compliance requirements

Government is the largest vertical, driven by NIS2 compliance and public-sector digital transformation. Retail and E-Commerce is the fastest-growing vertical, driven by cloud commerce adoption and cross-border digital payments.

Europe ICT Market Segment Industry Vertical

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Europe ICT Market Regional Analysis

Germany dominates the European ICT market due to its large enterprise software sector, strong manufacturing-sector ICT demand, and government investment in national digital sovereignty

Germany accounts for approximately 20% of European ICT market value and is the fastest-growing major market at approximately 11.3% CAGR. The government’s digital sovereignty plan targets software development and microchip production, while German firms are migrating workloads to Gaia-X-aligned sovereign clouds.

The United Kingdom commands 26.64% of European IT services and is the most mature cloud market. IBM’s September 2025 Emergency Services Network partnership and Capgemini’s public sector presence illustrate the depth of UK ICT activity. France and Italy are substantial markets, with EU Digital Decade grants accelerating broadband and cloud adoption.

Europe ICT Market Regional Analysis

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape

The Europe ICT market is moderately concentrated, with top global vendors and European integrators holding roughly 35-40% of expenditure. Competition centres on AI-readiness, data sovereignty compliance, and NIS2-aligned managed security delivery.

IBM Corp.

Founded in 1911 and headquartered in Armonk, New York, IBM operates across cloud, AI consulting, and enterprise infrastructure. In September 2025, IBM partnered with the UK Home Office for the Emergency Services Network. In June 2026, IBM and Google Cloud launched a Google Cloud Practice combining IBM Consulting Advantage with Gemini Enterprise AI.

Cisco Systems Inc.

Founded in 1984 and headquartered in San Jose, California, Cisco Systems is a leading European enterprise networking and cybersecurity provider. Cisco’s portfolio of enterprise switches, routers, SD-WAN, and security platforms positions it as a key beneficiary of NIS2 compliance spending and 5G enterprise connectivity deployments. In Europe, Cisco maintains a strong presence in telecom infrastructure, financial services networking, and public sector connectivity projects.

Google LLC

Founded in 1998 and headquartered in Mountain View, California, Google LLC operates Google Cloud. In April 2026, Capgemini launched the Google Cloud AI Enterprise Hub with Google, and in June 2026 Google Cloud entered a multi-billion-dollar practice with IBM. Google is investing in European sovereign cloud regions to meet GDPR and EU Data Act requirements.

Capgemini SE

Founded in 1967 and headquartered in Paris, France, Capgemini SE is Europe’s largest IT services and consulting company. In April 2026, Capgemini launched the Google Cloud AI Enterprise Hub, enabling enterprise-level agentic AI transformation. Capgemini’s deep public sector relationships across France, Germany, and the UK, combined with its SAP, cloud migration, and ESG reporting capabilities, position it as a preferred partner for government and enterprise digital transformation across Europe.

Other key players include AT&T Inc., Fujitsu Ltd., Oracle Corp., Verizon Communications Inc., Fortinet Inc., and others.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Key Findings from the Europe ICT Market Report

  • Quantitative and qualitative analysis of the Europe ICT market from 2019 to 2035 across type, enterprise size, industry vertical, and country dimensions
  • Segment-level breakdowns across type, enterprise size, six industry verticals, and four national markets
  • Market dynamics covering SWOT, Porter’s Five Forces, NIS2 and DORA regulatory indicators, and cloud and enterprise software price benchmarks
  • Competitive benchmarking of IBM Corp., Cisco Systems Inc., Google LLC, and Capgemini SE covering Europe strategies and AI developments
  • Country-level analysis of UK, Germany, France, and Italy covering digital sovereignty and enterprise technology priorities

Why Choose Expert Market Research?

  • European CIOs, government buyers, and investors rely on our ICT intelligence for cloud procurement and digital transformation decisions.
  • Our Europe ICT reports combine primary research with EU Digital Economy data and company disclosures.
  • From NIS2 investment trajectories to 5G enterprise revenue analysis, our research delivers targeted Europe ICT market intelligence.
  • Coverage is customisable across vertical demand analysis, country deep-dives, and competitive landscape mapping.

Call to Action

Stay ahead in the European ICT landscape with our full report for 2026–2035, covering AI transformation, NIS2 spending, 5G services, and SME cloud adoption. Download your free sample today.

More Insights On

Australia ICT Market

Vietnam ICT Market

Canada ICT Market

France ICT Market

Germany ICT Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Key Questions Answered in the Report

The market was valued at nearly USD 1.16 Trillion in 2025.

The market is projected to grow at a CAGR of 5.30% between 2026 and 2035.

The market is assessed to witness healthy growth in the forecast period to reach around USD 1.94 Trillion in 2035.

The different ICT types considered in the report include hardware, software, IT and infrastructure services, and telecommunication services.

The different sizes of enterprises in the market include small and medium enterprises and large enterprises.

The different industry verticals in the market include BFSI, IT and telecom, government, retail and e-commerce, manufacturing, and energy and utilities, among others.

The different countries covered in the market report are the United Kingdom, Germany, France, and Italy, among others.

The key market players are IBM Corp., Cisco Systems Inc., Google LLC, AT&T Inc., Fujitsu Ltd., Oracle Corp., Verizon Communications Inc., Huawei Technologies Co., Ltd., Fortinet Inc., and Capgemini SE, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Enterprise Size
  • Industry Vertical
  • Region
Breakup by Type
  • Hardware
  • Software
  • IT and Infrastructure Services
  • Telecommunication Services
Breakup by Enterprise Size
  • Small and Medium Enterprises
  • Large Enterprises
Breakup by Industry Vertical
  • BFSI
  • IT and Telecom
  • Government
  • Retail and E-Commerce
  • Manufacturing
  • Energy and Utilities
  • Others
Breakup by Region
  • United Kingdom
  • Germany
  • France
  • Italy
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IBM Corp.
  • Cisco Systems Inc.
  • Google LLC
  • AT&T Inc.
  • Fujitsu Ltd.
  • Oracle Corp.
  • Verizon Communications Inc.
  • Huawei Technologies Co., Ltd.
  • Fortinet Inc.
  • Capgemini SE
  • Others

Datasheet

10 % Off

USD

2,499

2,249

Single User License

10 % Off

USD

3,999

3,599

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Datasheet

One User

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 3,999

USD 3,599

tax inclusive*

  • All Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 4,999

USD 4,249

tax inclusive*

  • All Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

This is a collaborative report by Jaideep Kumar and Ketan Gandhi reflecting perspectives and research-driven insights from Expert Market Research.

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

License Type

Select License Type

Choose the right license for your needs and access rights.

shopping cart

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Bookmark Icon

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us