The Italian Industry 4.0 challenges the most technologically developed states
1,7 billion euro – this is the value of the Italian market of IT solutions, technological components aimed to improve the productivity of traditional assets and other linked services in the 2016. 84% of these services are produced for the Italian companies and only 16% are for export.
The market has grown by 25% from the last year, but we still can’t imagine how much more it can grow in the nearest month. The reason is the National Plan of Industry 4.0 published recently by the Italian government. Many business owners were waiting for its publication to use the benefits it describes for the following investments. If the expectations get realized, by the end of the 2017 the Italian Industry 4.0 market will grow by 30 in comparison to the 2016. In only two years the investments of the Italian companies in the digital transformation will double and will have a chance to overtake other European countries. The expectations from the Italian Industry 4.0 are so high that there is even a risk that the suppliers could face difficulties to keep on with the highest demand on the digital products.
The market has grown by 25% from the last year, but we still can’t imagine how much more it can grow in the nearest month. The reason is the National Plan of Industry 4.0 published recently by the Italian government. Many business owners were waiting for its publication to use the benefits it describes for the following investments. If the expectations get realized, by the end of the 2017 the Italian Industry 4.0 market will grow by 30 in comparison to the 2016. In only two years the investments of the Italian companies in the digital transformation will double and will have a chance to overtake other European countries. The expectations from the Italian Industry 4.0 are so high that there is even a risk that the suppliers could face difficulties to keep on with the highest demand on the digital products.
Do you want to know more about the business opportunities for your company in the Italian market?
Call or send us a mail at corporate if you are planning to invest in the Romanian economy: corporatefinance@italservice.com
Dr. Massimiliano Pifferi
Director of M&A Department
