"Spain stands out within the EU for its high level of connectivity, the integration of digital technology and digital public services"
ICT has been one of the fastest growing industries in Spain in the last decade and has been firmly supported by central and local government to turn it into the engine of economic transformation and sustainable growth.
The current pandemic has put digital services at the core of a sustainable society and technology has proved essential in bringing people together again.
Turnover in the ICT industry in Spain amounted to 120 billion euros in 2019, 3.8% of GPD.
There are clusters or technology parks in practically every region in Spain and more than 35,000 Spanish and foreign ICT companies operating in the country directly employ more than 500,000 workers.
It is a mature industry and Spain boasts some world-renowned ICT companies with an international market presence, such as Telefonica, Amadeus, Indra or Everis.
Exports in 2019 maintained their growing trend over the last 5 years and account for 4.1% of total exports. Led by service exports, they amounted to €17.563 billion in 2019.
With the biggest FTTH network in the EU, 85% of high-speed internet connections 100 Mbps or above, 145,000 mobile telecommunication base stations and 54.8 million mobile lines, both foreign ICT companies and entrepreneurs choose Spain for its excellent telecommunication infrastructure and connectivity.
As a member of the European Community, Spain offers an intra-community business location, facilitating access to European counterparts.
Spain's commitment to Information and Communication Technology is linked to its European commitment and the conviction that ICT must be strengthened in order to develop local industry, modernize the business structure, be sustainable and create value added services for society, especially given the impact it has on improving productivity and business competitiveness. ICT’s role in reshaping the current business model is key.
The Spanish government’s commitment to the ICT industry is solid, and is embodied in several strategic national plans.
Digital Spain 2025 is the national cornerstone that establishes the grounds for development in the upcoming years, being the basis for a number of vertical strategies intended to foster the deployment of key technologies such as 5G, cybersecurity, Big Data and AI.
Digital Spain 2025 focusses on SMEs, public administration and the Spanish population, with the conviction that ICT is a keystone of society.
As one of the European countries receiving the o highest share of the Next Generation EU funds (Spain will receive 140,000 million euros between 2021 and 2026), the Spanish ICT sector will benefit from this financial aid that has established digitalization among its goals for EU recovery (20% of funds being to address digital transition).
Spain also boasts a dynamic ecosystem of startups, cities and regions on the European map of innovation and digitalization, supported by physical and legal security, social stability and an attractive way of life that offer a unique living experience to many digital nomads.