Top 10 IT Software Companies in Europe in 2021 by Revenue

Siemens AG, SAP SE, Dassault Systemes SE, Wolters Kluwer N.V., and Hexagon AB are the top 5 IT software companies in Europe in 2021 by revenue. In total, the top 10 IT software companies in Europe in 2021 generated revenue of $131,338 million, with average revenue growth of 10.9%, where the highest increase being registered by Siemens AG ($70,982 million), followed by SAP SE ($32,922 million), and Dassault Systemes SE ($5,747 million), while the lowest increases were registered by SoftwareONE Holding AG ($1,055 million). As of FY2021, the highest revenue increase was registered by Amadeus IT Group SA (27.4%), followed by Hexagon AB (19.6%) and the lowest revenue increase was registered by SAP SE (5.6%). In terms of the geographic split, 2 out of 10 of Europe’s top companies are based in Germany, while 3 are based in the United Kingdom, and the remaining 5 are based in France, Netherlands, Sweden, Switzerland, and Spain. They employed a total of 534,763 people in 2021. The Germany-based Siemens AG is the leading IT software company in Europe (by revenue). The company reported revenues of $70,982 million for the fiscal year ended June 2021 (FY2021), an increase of 14.8% over FY2020, due to sustained growth, particularly in the automotive and machine construction industries, where factory automation was crucial, and because of the reduction of supply chain risk related to electronic components. The company is a technology company. Its operations span electrification, automation, and digitalization fields. The company designs, develop, and manufactures products, installs complex systems, and projects, and employs 308,000 people. SAP SE is one of the leading IT software companies in Europe (by revenue). The company reported revenues of $32,922 million for the fiscal year ended December 2021 (FY2021), an increase of 5.6% over FY2020. The company provides enterprise application software and related services, and licenses for software solutions and related services. It offers a comprehensive range of business software and enterprise applications that are designed for applications, analytics, cloud, mobile, database, and technology operations. SAP serves clients in the areas of consumer, discrete manufacturing, energy, and natural resources, financial services, and public services. It employs 109,798 people in 2021.