ICT sector to grow by $12 bln by 2025 – Development Ministry

Polish ICT sector could grow by $12 billion by 2025, according to the report compiled by the Ministry of Development. The industry, between 2009-14 grew on average by 8.64 percent annually, which is one of the best results in the EU, while the value of production increased by 20.57 percent in 2010-16. Exports in 2014 stood at PLN 51.8 billion. However there is a catch. In order to grow by $12 billion, the industry's contribution to Poland's GDP stands at 6.06 percent, while in countries like Czechia or Germany that share stands at 8.43 and 8.15 percent respectively. The aforementioned growth would be that high, only if Poland would reach those levels, the report stated. The segments with the biggest growth potential, according to the ministry include hybrid cars, internet of things, video games or telemedicine.