Italy ICT Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Italy's ICT Market is segmented by type (hardware, software, IT services, telecommunication services), by the size of the enterprise (small and medium enterprises, large enterprises), by end-user vertical (BFSI, IT & Telecom, government, retail, and E-Commerce, manufacturing, energy, and utilities, and other industry verticals). The market sizes and forecasts are provided in value (USD million) for all the above segments.

Italy ICT Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Italy ICT Market Size

Italy ICT Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 7.50 %
Market Concentration Medium

Major Players

Italy ICT Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Italy ICT Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Italy ICT Market Analysis

The Italy ICT Market is expected to register a CAGR of 7.5% during the forecast period.

  • The ICT sector includes both the IT and Telecom markets. IT investments are growing, and the ICT market demand is expected to grow significantly over the next five years. For instance, TIM Group (Telecom Italia S.p.a.) collaborated with Cisco to deliver cloud services for private enterprises and government agencies. The increasing need to explore and adopt Cloud technology investments significantly boosts Italy's ICT market growth.
  • The government took initiatives to develop the ICT industry, which would drive new growth opportunities for the ICT market. For instance, Italy's National Plan for Recovery and Resilience should provide a positive boost, impacting the ICT market in 2021-2024. Italy is among the leading contributors to the digital market. In the three years of 2022-2024, the main technological drivers will continue to be cloud computing, big data, artificial intelligence (AI), the Internet of Things (IoT), and cybersecurity.
  • Although information and communication technology (ICT) is everywhere, it plays a significant role in the Country's economic development. For instance, Google is contributing technological developments to Italy's economic recovery. Google invested more than USD 900 million over five years to help transform Italian businesses, large and small, including launching two Google Cloud regions in partnership with TIM (Telecom Italia). Such initiatives from the Key market players would bring new growth opportunities for the Italy ICT market.
  • The ICT industry significantly impacts Italy's GDP (Gross domestic product). According to the IMF (International Monetary Fund), Italy's GDP is expected to grow by USD 2289.81 billion by 2027. The county's GDP is growing significantly with increasing IT investments that would create new growth opportunities for the Italy ICT market.
  • Due to the COVID-19 pandemic, a large portion of the Italy population was forced to stay at home constantly, and many opted to work from home due to increased broadband consumption. Post COVID-19 scenario created an unexpectedly high demand for secure cloud services. For Instance, Oracle opened its first cloud region in the Nordics in Stockholm, along with one in Milan, Italy. The COVID-19 pandemic increased demand for the adoption of cloud computing tools from private and public organizations. Further COVID-19 pandemic is creating new growth opportunities for the Italy ICT market.

Italy ICT Industry Overview

The Italy ICT Market is moderately competitive and moving toward the fragmented stage as the market currently consists of various significant players. Several key players in the ICT market are in constant efforts to bring advancements. Some key players in the market are IBM Corporation, Oracle, Microsoft Corporation, Cisco Systems, and Google LLC. Some of the current growth in the market are:

June 2022- TIM Group (Telecom Italia S.p.a.) and its cloud company Noovle, as well as Salesforce, a world leader in CRM (Customer Relationship Management) solutions, have signed a collaboration agreement to support the digital transformation processes of companies and public administrations to make them more efficient and competitive.

June 2022- Amazon continues to invest in talent in Italy, creating 3,000 new permanent jobs by the end of 2022. Amazon became a significant job creator in Italy, offering a wide range of sound, stable, and well-rewarded opportunities in the company across the country.

Italy ICT Market Leaders

  1. IBM Corporation

  2. Oracle

  3. Microsoft Corporation

  4. Cisco Systems

  5. Google LLC

  6. *Disclaimer: Major Players sorted in no particular order
Italy ICT Market Concentration
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Italy ICT Market News

  • December 2022: Inail collaborated with Microsoft and Microsoft Partner Network partners Accenture and Avanade to create Sportello Digitale. Sportello Digitale is a user-friendly web software developed on Microsoft Power Apps, Dynamics 365, Teams, and Viva that allows users to contact Inail staff quickly and efficiently.
  • December 2022: Telecom Italia (TIM) and Google Cloud have introduced a 5G edge cloud platform in Italy to allow the development of new smart mobility applications, such as self-driving and assisted cars. The solution targets a range of verticals, from public administration to startups, to accelerate Italy's digital transformation.
  • August 2022: Telecom Italia (TIM) signed a contract with the Italian government to set up and manage cloud services for the country's public administration.

Italy ICT Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Market Definition and Scope
  • 1.2 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Stakeholder Analysis
  • 4.3 Industry Attractiveness-Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Consistent Digital Transformation Initiatives
    • 5.1.2 Robust Telecommunication Network
  • 5.2 Market Restrain
    • 5.2.1 Concerns Relating To Economic Crisis Across the Country

6. KEY TECHNOLOGY INVESTMENTS

  • 6.1 Cloud Technology
  • 6.2 Artificial Intelligence
  • 6.3 Cyber Security
  • 6.4 Digital Services

7. MARKET SEGMENTATION

  • 7.1 By Type
    • 7.1.1 Hardware
    • 7.1.2 Software
    • 7.1.3 IT Services
    • 7.1.4 Telecommunication Services
  • 7.2 By Size of Enterprise
    • 7.2.1 Small and Medium Enterprises
    • 7.2.2 Large Enterprises
  • 7.3 By Industry Vertical
    • 7.3.1 BFSI
    • 7.3.2 IT and Telecom
    • 7.3.3 Government
    • 7.3.4 Retail and E-commerce
    • 7.3.5 Manufacturing
    • 7.3.6 Energy and Utilities
    • 7.3.7 Other Industry Verticals

8. COMPETITIVE LANDSCAPE

  • 8.1 Company Profiles
    • 8.1.1 IBM Corporation
    • 8.1.2 Oracle
    • 8.1.3 Microsoft Corporation
    • 8.1.4 Cisco Systems
    • 8.1.5 Google LLC
    • 8.1.6 Amazon
    • 8.1.7 Capgemini
    • 8.1.8 Reply
    • 8.1.9 Dell Technologies
    • 8.1.10 SAP
    • 8.1.11 Hewlett Packard Enterprise
  • *List Not Exhaustive

9. INVESTMENT ANALYSIS

10. FUTURE OF THE MARKET

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Italy ICT Industry Segmentation

Italy's ICT market includes deep analysis of critical technology investments such as cloud technologies and artificial intelligence.

Italy's ICT Market is segmented by type (hardware, software, IT services, telecommunication services), by the size of the enterprise (small and medium enterprises, large enterprises), by end-user vertical (BFSI, IT & Telecom, government, retail, and E-Commerce, manufacturing, energy, and utilities, and other industry verticals).

The market sizes and forecasts are provided in value (USD million) for all the above segments.

By Type Hardware
Software
IT Services
Telecommunication Services
By Size of Enterprise Small and Medium Enterprises
Large Enterprises
By Industry Vertical BFSI
IT and Telecom
Government
Retail and E-commerce
Manufacturing
Energy and Utilities
Other Industry Verticals
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Italy ICT Market Research FAQs

What is the current Italy ICT Market size?

The Italy ICT Market is projected to register a CAGR of 7.5% during the forecast period (2025-2030)

Who are the key players in Italy ICT Market?

IBM Corporation, Oracle, Microsoft Corporation, Cisco Systems and Google LLC are the major companies operating in the Italy ICT Market.

What years does this Italy ICT Market cover?

The report covers the Italy ICT Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Italy ICT Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Italy ICT Industry Report

Italy's ICT market encompasses various segments including hardware, software, IT services, and telecommunication services. The market is analyzed by the size of enterprises, such as small and medium enterprises, as well as large enterprises. Additionally, the market is segmented by end-user verticals, including BFSI, IT & Telecom, government, retail, and e-commerce, manufacturing, energy, and utilities, among other industry verticals.

The industry analysis provides valuable insights into market structure and market review, offering industry information crucial for understanding the dynamics at play. The industry outlook and market forecast predict future trends, helping stakeholders make informed decisions. Industry reports and industry research offer comprehensive data, including market data and industry sales, which are essential for evaluating market growth and market value.

Market leaders and market predictions are highlighted, providing a detailed market overview. The market segmentation analysis identifies different market segments and their respective contributions to the overall market. The industry size and industry statistics offer a quantitative perspective, while industry trends and market growth highlight the evolving nature of the market.

The market review and market outlook offer a detailed examination of the market's current state and future prospects. Report examples and report pdf downloads are available for those seeking in-depth information. Research companies also contribute to this extensive body of knowledge, ensuring that the analysis is thorough and up-to-date. This report summary encapsulates the essential aspects of Italy's ICT market, providing a clear and concise overview for stakeholders.