Mobile Menu

Information & Communication Equipment Retailing in Europe - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

ISIC 474 March 2024 Spotlight Report

Revenue

€113.1bn

2019-2024 5.8 %
2024-2029 X.X %

Employees

460k

2019-2024 2.8 %
2024-2029 X.X %

Businesses

162k

2019-2024 2.7 %
2024-2029 X.X %

Wages

€X.Xbn

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

Information & Communication Equipment Retailing in Europe industry analysis

The Information and Communication Equipment retailing industry has benefitted from the digitisation of economies across Europe, with businesses expanding on their online offerings to capitalise on the growing e-commerce market. Despite this, numerous economic headwinds still plague growth, ranging from a tightening cost of living to rising purchase costs from upstream suppliers. Revenue is anticipated to fall at a compound annual rate of 5.8% over the five years through 2024 to €113.1 billion, including an estimated decline of 4.6% in 2024, while the average industry profit margin is forecast to be 6.5%.

European coverage with a localised twist

  • Market estimates from 2014-2029
  • Detailed reports analysing industry performance, market dynamics and company data, compared across countries
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Spotlight Reports

Industry Statistics and Trends

Information & Communication Equipment Retailing in Europe key trends

The cost-of-living crisis hits demand.

 

Consumers across Europe tightened their purse strings as they weathered the conditions of inflated food and energy prices, hurting demand for information and communications equipment.

Retailers are capitalising on environmentally conscious consumers.

 

As the effects of global warming become more apparent, consumers are looking for more sustainable information and communications equipment to do their bit for the environment.

Access all insights and trends with purchase. View purchase options.

Information & Communication Equipment Retailing in Europe

Industry Revenue

Total value and annual change from 2011-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

Information & Communication Equipment Retailing in Europe market size (2019-2024)

Industry revenue has declined at a CAGR of 5.8 % over the past five years, to reach an estimated €113.1bn in 2024.

Trends and Insights

Croatia, Hungary and Poland lag behind the rest of Europe in smartphone usage

  • Smartphone adoption is growing, arguably becoming the norm when choosing mobile phone devices, especially among younger demographics. According to the Global System for Mobile Communications Association (GSMA), by the end of 2021, four in five mobile connections were based on smartphones.

Access all 8 market size insights and trends with purchase. View purchase options.

Information & Communication Equipment Retailing in Europe outlook (2024-2029)

Market size is projected to grow over the next five years.

A struggling Spanish economy sees light at the end of the tunnel

  • EU GDP is set to gather pace in 2025, reaching 1.7%, up from 1.3% in 2024, according to Eurostat. Healthier growth prospects typically translate into improved business and consumer confidence, lifting demand for information and communication equipment in the coming years.

Access all 5 forward-looking insights and industry data forecasts with purchase. View purchase options.

Revenue

€113.1bn

2019-2024 5.8 %
2024-2029 X.X %

Employees

460k

2019-2024 2.8 %
2024-2029 X.X %

Wages

€X.Xbn

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

European Leaders & Laggards

Europe Job Growth CAGR: 2.8 % *
  • Job Growth

Top 5 Countries

  1. Lithuania +16.5%
  2. Hungary +14.9%
  3. United Kingdom +14.2%
  4. France +12.3%
  5. Romania +10.9%

Bottom 5 Countries

  1. Russia -22.6%
  2. Serbia -13.8%
  3. Iceland -9.8%
  4. Latvia -8.2%
  5. Denmark -7.8%

* CAGR values are for the years 2019-2024.

Explore all 37 country performance rankings and data sheets with your membership purchase.

Biggest companies in the Information & Communication Equipment Retailing in Europe

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Apple Inc.
115,951.1
35,017.2
30.2
Ceconomy AG
24,902.6
990.7
4.0
Euronics International BV
20,038.1
1,153.0
5.8

Access statistics and analysis on all 10 companies with purchase. View purchase options.

Information & Communication Equipment Retailing in Europe

Products & Services Segmentation

Industry revenue broken down by key product and services lines.

Access all segmentation data and analysis with purchase. View purchase options.

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Information & Communication Equipment Retailing industry in Europe in 2024?

The market size of the Information & Communication Equipment Retailing industry in Europe is €113.1bn in 2024.

How many businesses are there in the Information & Communication Equipment Retailing in Europe industry in 2024?

There are 162k businesses in the Information & Communication Equipment Retailing industry in Europe, which has grown at a CAGR of 2.7 % between 2019 and 2024.

Has the Information & Communication Equipment Retailing industry in Europe grown or declined over the past 5 years?

The market size of the Information & Communication Equipment Retailing industry in Europe has been declining at a CAGR of 5.8 % between 2019 and 2024.

What is the forecast growth of the Information & Communication Equipment Retailing industry in Europe over the next 5 years?

Over the next five years, the Information & Communication Equipment Retailing industry in Europe is expected to grow.

What does the Information & Communication Equipment Retailing in Europe include?

Computers and Audio and video equipment are part of the Information & Communication Equipment Retailing industry.

Which countries have the most businesses in the Information & Communication Equipment Retailing industry in Europe?

The European country with the most businesses in the Information & Communication Equipment Retailing industry is Turkey.

How competitive is the Information & Communication Equipment Retailing industry in Europe?

The level of competition is high and increasing in the Information & Communication Equipment Retailing industry in Europe.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

The industry includes the retail sale of information and communications equipment like computers and peripheral equipment, telecommunications equipment and consumer electronics.

Related Terms

PRE-PAYPOST-PAYSMARTPHONE

What's included in this industry?

Computers Audio and video equipment Telecommunication equipment

Companies

Apple Inc.Ceconomy AGEuronics International BV

Industry Code

ISIC 2006

474 - Retail sale of information and communications equipment in specialized stores in Europe

View up to 10 companies with purchase. View purchase options.

Performance

Key Takeaways

Croatia, Hungary and Poland lag behind the rest of Europe in smartphone usage

View more insights with purchase. View purchase options.

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue in the Information & Communication Equipment Retailing in Europe industry (2011 -2029)
  • Employees in the Information & Communication Equipment Retailing in Europe industry (2011 -2029)
  • Business in the Information & Communication Equipment Retailing in Europe industry (2011 -2029)
  • Profit in the Information & Communication Equipment Retailing in Europe industry (2011 -2029)
Analysis

What's driving current industry performance in the Information & Communication Equipment Retailing in Europe industry?


Outlook

Analysis

What's driving the Information & Communication Equipment Retailing in Europe industry outlook?


Volatility

Analysis

What influences volatility in the Information & Communication Equipment Retailing in Europe industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Information & Communication Equipment Retailing in Europe industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Demand for computers slows as businesses rein in spending. Amid inflationary pressures and muted economic growth, businesses delayed investment to expand their IT capabilities, hurting computer demand.

View more insights with purchase. View purchase options.

Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Information & Communication Equipment Retailing in Europe industry's products and services performing?

Analysis

What are innovations in the Information & Communication Equipment Retailing in Europe industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Information & Communication Equipment Retailing in Europe industry?


International Trade

Highlights

  • Largest Importer
  • Smallest Importer
  • Total Imports into Europe
  • Largest Exporter
  • Smallest Exporter
  • Total Exports into Europe
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Revenue by Region (2024)
  • Share of Total Industry Enterprises by Region (2024)
  • Share of Total Industry Employment by Region (2024)
  • Share of Total Industry Wages by Region (2024)

Industry Geographic Breakdown

Data Tables

Values and annual change provided for 37 European countries:

  • Revenue (2024)
  • IVA (2024)
  • Enterprises (2024)
  • Employment (2024)
  • Exports (2024)
  • Imports (2024)

Competitive Forces

Highlights

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

Key Takeaways

Intense competition forces smaller retailers out. Larger retailers benefit from economies of scale when buying in bulk, allowing for more competitive pricing, which undercuts smaller players.

View more insights with purchase. View purchase options.

Supply Chain

Charts

Buyer and supply industries

Companies

Market Share

Charts
  • Industry Market Share by Company (2019-2024)

Companies

Data Tables

Top 10 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit Margin (2024)

Data Tables
  • Countries of operation for Apple Inc.
  • Countries of operation for Ceconomy AG
  • Countries of operation for Euronics International BV
  • Countries of operation for Currys plc
  • Countries of operation for Expert International GmbH
  • Countries of operation for Fnac Darty SA
  • Countries of operation for Elkjøp Nordic AS
  • Countries of operation for Komplett AS
  • Countries of operation for Komsa AG
  • Countries of operation for Power International AS

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Retailers contend with little regulation. Regulation is light in the industry. However, retailers must still adhere to regulations protecting workers right rights like the minimum wage.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Information & Communication Equipment Retailing in Europe industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Supply chain disruptions increase purchase costs. Supply chain disruptions created severe shortages in key inputs for information and communication equipment, ratcheting up purchase costs and hitting profit.

View more insights with purchase. View purchase options.

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 Information & Communication Equipment Retailing in Europe 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.