ICT market in 2021 EBITDA rose 12.55 percent and here the software segment key growth | ICT Business | TechBuzz

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ICT market in 2021 EBITDA grew 12.55 percent and here the software segment is the key to growth


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According to data prepared by Dun & Bradstreet Croatia, and analyzed by the ICTbusiness.info team, last year compared to 2020, profit before interest, taxation, depreciation and amortization (EBITDA) increased by a total of 12.55 percent and reached 8,924 billion.

Here, too, is a key software segment that records EBITDA growth of as much as 35.82 percent to 3.5256 billion kuna in 2021. Although the telecom sector recorded a decline in revenue, in this segment led by Hrvatski Telekom, A1 Croatia and Telemach Croatia, the EIBTDA remained stable with a minimum growth of 0.9 percent. The computer segment, on the other hand, had a growth of 6,022 percent.

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We know that many will say that the list will again include companies that may not belong to this segment by predominant activity, but the NKD is realistically the only real determinant for analysis. The problem of course arises because for many the NCEA, ie the main activity according to the NCEA, is only one in a series of activities, sometimes it is not crucial. Thus, the entire ICT belongs to the three NKD software areas 62.01, 62.02, 62.03, 62.09, 63.11; computers 26.20, 58.21, 58.29, 95.11 and communications and telecoms 26.30, 61.10, 61.20, 61.30 and 61.90. According to these NCEAs, a total of 17,000 companies are under analysis.

Comparison of EBITDA of the ICT sector in 2021 compared to 2020

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EBITDA ICT sectora

2020

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2021

YoY 2021/2020

telecomunications

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4.993.212.100,00

5.038.185.700,00

0,90

Software

2.595.775.200,00

3.525.537.800,00

35,82

Computers

339.880.600,00

360.334.700,00

6,02

IN TOTAL

7.928.867.900,00

8.924.058.200,00

12,55

Source: Dun & Bradstreet Croatia, analysis by ICTBusiness.info

EBITDA of the ICT sector from 2016 to 2021

EBITDA ICT sectora

2016

2017

2018

2019

2020

2021

YoY 2017/2016

YoY 2018/2017

YoY 2019/2018

YoY 2020/2019

YoY 2021/2020

telecomunications

3.950.470.800,00

4.094.885.800,00

4.621.918.900,00

4.956.899.800,00

4.993.212.100,00

5.038.185.700,00

3,66

12,87

7,25

0,73

0,90

Software

1.474.124.100,00

1.704.374.300,00

1.893.932.700,00

2.334.857.900,00

2.595.775.200,00

3.525.537.800,00

15,62

11,12

23,28

11,17

35,82

Computers

301.237.900,00

359.398.800,00

388.011.900,00

328.824.000,00

339.880.600,00

360.334.700,00

19,31

7,96

-15,25

3,36

6,02

IN TOTAL

5.725.832.800,00

6.158.658.900,00

6.903.863.500,00

7.620.581.700,00

7.928.867.900,00

8.924.058.200,00

7,56

12,10

10,38

4,05

12,55

Source: Dun & Bradstreet Croatia, analysis by ICTBusiness.info



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