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Other IT & Computer Service Activities in Cyprus - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

CY-J6209 April 2024 Factsheet

Revenue

€51.8m

2019-2024 5.5 %
2024-2029 X.X %

Employees

757

2019-2024 3.7 %
2024-2029 X.X %

Businesses

461

2019-2024 12.9 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Other IT & Computer Service Activities in Cyprus market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Cyprus compared to Europe?

Country Benchmarking

Industry Data Cyprus

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#31 In Europe
Business
#24 In Europe
Employees
#27 In Europe
Wages
#29 In Europe

The Other IT & Computer Service Activities in Cyprus ranks 31st in Europe with regards to its 2024 revenue (€51.8m). Revenue received by operators in Cyprus has been low in volatility over the past five-year period, with the average annual change in revenue (5.5 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Other IT & Computer Service Activities industry in Cyprus in 2024?

The market size of the Other IT & Computer Service Activities industry in Cyprus is €51.8m in 2024.

How many businesses are there in the Other IT & Computer Service Activities in Cyprus industry in 2024?

There are 461 businesses in the Other IT & Computer Service Activities industry in Cyprus, which has grown at a CAGR of 12.9 % between 2019 and 2024.

Has the Other IT & Computer Service Activities industry in Cyprus grown or declined over the past 5 years?

The market size of the Other IT & Computer Service Activities industry in Cyprus has been growing at a CAGR of 5.5 % between 2019 and 2024.

What is the forecast growth of the Other IT & Computer Service Activities industry in Cyprus over the next 5 years?

Over the next five years, the Other IT & Computer Service Activities industry in Cyprus is expected to grow.

What does the Other IT & Computer Service Activities in Cyprus include?

Computer disaster recovery and Installation (setting-up) of personal computers are part of the Other IT & Computer Service Activities industry.

How competitive is the Other IT & Computer Service Activities industry in Cyprus?

The level of competition is high and increasing in the Other IT & Computer Service Activities industry in Cyprus.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This class includes other information technology and computer-related activities not classified elsewhere, including computer disaster recovery, personal computer installation (set-up) and software installation.

What's included in this industry?

Computer disaster recoveryInstallation (setting-up) of personal computersSoftware installation

Industry Code

ISIC 2006

6209 - Other information technology and computer service activities in Cyprus

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Other IT & Computer Service Activities in Cyprus
  • Employees in the Other IT & Computer Service Activities in Cyprus
  • Business in the Other IT & Computer Service Activities in Cyprus
  • Profit in the Other IT & Computer Service Activities in Cyprus

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Other IT & Computer Service Activities in Cyprus industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Other IT & Computer Service Activities in Cyprus industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.