What is the current Spain ICT Market size?

The Spain ICT Market is projected to register a CAGR of 7.46% during the forecast period (2024-2029) Read More

Who are the key players in Spain ICT Market?

SAP SE, Oracle, Microsoft Corporation, Accenture and Hewlett Packard Enterprise (HPE) are the major companies operating in the Spain ICT Market. Read More

What years does this Spain ICT Market cover?

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

Spain ICT Market Size & Share Analysis - Industry Research Report

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

Spain ICT Market is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), the size of the Enterprise (Small and Medium Enterprise and Large Enterprises), and by Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-commerce, Manufacturing, and Energy and Utilities). The market sizes and forecasts are provided in terms of value USD for all the above segments.

Spain ICT Industry Overview

The Spain ICT market is at a fragmented stage as the market currently consists of many players. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market. The major players are SAP SE, Oracle, Microsoft Corporation, Accenture, and Hewlett Packard Enterprise (HPE), among others.

Indra Sistemas, S.A., Spain, formed a strategic alliance with Centum Electronics Limited, India, in October 2022 to work solely on advanced radar systems and technology for the Indian government. The fabrication and installation of the radar for use in space applications are contemplated under the MoU. Long-range radar is designed to find, follow, and analyze space objects and debris hundreds of km away.

Oracle unveiled the creation of the first Oracle Cloud Infrastructure (OCI) region in Spain in September 2022 to address the country's quickly expanding demand for business cloud services. With the opening of the new area in Madrid, Oracle's public and private sector clients and partners in Spain would have access to various cloud services that may help them update their applications, experiment with data and analytics, and move mission-critical workloads from their data centers to OCI.