The Italy ICT market attained a value of around USD 86.22 Billion in 2025. The market is projected to grow at a CAGR of 7.10% between 2026 and 2035 to reach USD 171.20 Billion by 2035.
Base Year
Historical Period
Forecast Period
97% of Italian households can access fast broadband networks.
Nearly 40 million Italians prefer online shopping to physical brick-and-mortar stores.
In 2022, Italy’s e-commerce sector recorded EUR 76 billion in revenue.
Compound Annual Growth Rate
7.1%
Value in USD Billion
2026-2035
*this image is indicative*
| Italy ICT Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 86.22 |
| Market Size 2035 | USD Billion | 171.20 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 7.10% |
| CAGR 2026-2035 - Market by Industry Vertical | IT and Telecom | 8.0% |
| CAGR 2026-2035 - Market by Enterprise Size | Small and Medium Enterprises | 8.1% |
As per the EU’s Digital Economy and Society Index of 2022, Italy has made significant progress in expanding its 5G coverage. While Europe’s average 5G network coverage is 66%, Italy enjoys a rank of seven in terms of connectivity in Europe, where a substantial portion of its population can access 5G.
In terms of digital technology integration, Italy fares relatively well, with an estimated 95% of all companies using e-invoicing and cloud services to enhance productivity and achieve better business results. Italy has consistently moved towards digitalising its economy while realising a score of 49.3, which puts it in the eighteenth position out of 27 EU member countries.
Italy’s National Recovery and Resilience Plan, launched in 2021, aims to invest EUR 49.2 billion towards the promotion of digital transformation in the country and support innovation in the manufacturing sector. Besides, it intends to connect 9000 schools to the internet via optical fibre networks and achieve 100% connectivity by 2026. This is expected to boost the development of ICT technologies in the coming years.
Increasing investments in analytics software and data management tools indicate the huge potential of big data in the market. The anticipated increase in digitalisation of government services, healthcare delivery, and the retail industry is expected to drive the demand for various big data tools, further propelling the market growth.
Italy ICT Market Report and Forecast 2026-2035 provides an in-depth analysis of the different market segments mentioned below:
Market Breakup by Type
Market Breakup by Enterprise Size
Market Breakup by Industry Vertical
| CAGR 2026-2035 - Market by | Enterprise Size |
| Small and Medium Enterprises | 8.1% |
| Large Enterprises | XX% |
| CAGR 2026-2035 - Market by | Industry Vertical |
| IT and Telecom | 8.0% |
| Retail and E-Commerce | 7.6% |
| BFSI | XX% |
| Government | XX% |
| Manufacturing | XX% |
| Others | XX% |
Based on industry vertical, the market is divided into manufacturing, energy and utilities, IT and telecom, government, BFSI, and retail and e-commerce, among others. Over the forecast period of 2026-2035, the retail and e-commerce sector is projected to grow at a CAGR of 7.6%, as businesses shift their focus towards expanding their online presence to capture consumer attention and boost sales.
Major market players are attempting to fuel the development of high-performance computing and artificial intelligence and revolutionise the field of ICT.
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The market was valued at nearly USD 86.22 Billion in 2025.
The market is projected to grow at a CAGR of 7.10% between 2026 and 2035.
The market is assessed to witness healthy growth in the forecast period to reach around USD 171.20 Billion 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 key market players are IBM Corp., Cisco Systems Inc., Google LLC, SAP SE, Microsoft Corp., Oracle Corp., HP Inc., Dell Inc., Reply S.p.A, and Capgemini SE, among others.
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.
| 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:
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| Breakup by Type |
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| Breakup by Enterprise Size |
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| Breakup by Industry Vertical |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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