Austria ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Austria'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 in terms of value (USD million) for all the above segments.

Austria ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Austria ICT Industry Overview

The Austria 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, Dell Inc., Oracle, Microsoft Corporation, and Cisco Systems. Some of the current growth in the market are:

May 2022 - Qualcomm, Three Austria, and ZTE have successfully demonstrated a 5G network using a standalone (SA) coverage layer based on 700MHz (n28) and the world's first supplemental downlink (SDL) band 1400MHz (n75), significantly increasing rural throughput and the capacity of standalone mode NR (New Radio).

June 2022 - A1 Telekom Austria Group announced it would offer new services via VMware SD-WAN (software-defined WAN) in all its operating companies.

Austria ICT Market Leaders

  1. IBM Corporation

  2. Dell Inc.

  3. Oracle

  4. Microsoft Corporation

  5. Cisco Systems

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