ICT in the Belgium: Market Opportunity Forecasts to 2030
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This product provides historical data and forecasts for ICT products and services in Belgium
The Belgium ICT market was valued at US$ 32.73 billion in 2025 and will grow at a compounded annual growth rate (CAGR) of 11.54% to reach a value of US$ 56.49 billion by 2030. The cumulative revenue generation for ICT providers in Belgium is estimated at US$ 257.76 billion for 2025-2030. In terms of vertical end-use segments, the manufacturing sector held the highest market share of 10.1% in 2025, followed by the transport and logistics sector. The banking vertical is expected to be the fastest-growing segment, at an estimated CAGR of 17.82%, during the forecast period.
Scope
This product provides revenue opportunity forecasts for ICT products and services in the Belgium from 2021 to 2030, spanning 18 IT Solutions, 128 Products/Services, 27 Verticals and 5 size bands.
Key Highlights
- The ICT market in Belgium is expected to grow at a CAGR of 65% over the forecast period.
- The country’s top three product/service categories – SaaS, IoT Hardware, and Systems Design and Integration.
- SaaS is expected to be the leading ICT product/service segment in Belgium during the forecast period.
Reasons to Buy
Access the current state and 5-year growth of ICT in Belgium, along with historic trends, to identify fastest-growing products/services, the most lucrative verticals, and key contributors to future market expansion.
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