Market information
Our sources pages offer relevant information for Technology companies.
NextSales focusses on the European market. We gather our data ourselves with the help of our Ambassador Network and other sources of information.
GDP Top 10
Here is a list of the top 10 European countries by GDP in 2024, based on data from the International Monetary Fund (IMF):
EEA
The European Economic Area is an extension to the EU single market with 4 countries:
Official EU Information can be found here!
NextSales focusses on the European market. We gather our data ourselves with the help of our Ambassador Network and other sources of information.
GDP Top 10
Here is a list of the top 10 European countries by GDP in 2024, based on data from the International Monetary Fund (IMF):
- Germany: $4.7 trillion
- France: $3.1 trillion
- Italy: $2.4 trillion
- Spain: $1.7 trillion
- Netherlands: $1.2 trillion
- Poland: $908 billion
- Belgium: $658 billion
- Sweden: $606 billion
- Ireland: $559 billion
- Austria: $533 billion
EEA
The European Economic Area is an extension to the EU single market with 4 countries:
- Switzerland: $935 billion
- Norway: $501 billion
- Iceland: $33 billion
- Liechtenstein: $7.3 billion
Official EU Information can be found here!
European market
The European Market is complex and diverse. It consists of the economies of over 50 countries. Europe is a highly developed and industrialised region, and it is home to many of the world's largest and most successful companies.
The European Union (EU) is a political and economic union of 27 European countries, 9 candidate countries and 1 potential candidate.
The EU is the world's largest single market. The EU is the 3rd largest economy in the world and 13.7% of the global economy. The European single market is the heart of Europes competitiveness. About 448 million people and 23 million businesses create a GDP of 17 trillion Euro.
How is Europe different
No matter how much money you have available to grow your business, here are some critical success factors you should keep in mind:
Learn how to grow your business in Europe
The European Union (EU) is a political and economic union of 27 European countries, 9 candidate countries and 1 potential candidate.
The EU is the world's largest single market. The EU is the 3rd largest economy in the world and 13.7% of the global economy. The European single market is the heart of Europes competitiveness. About 448 million people and 23 million businesses create a GDP of 17 trillion Euro.
How is Europe different
No matter how much money you have available to grow your business, here are some critical success factors you should keep in mind:
- Language Europe has 24 languages. The easiest way to communicate outside your language domain is using English. Many companies use their native language on social media or for webinars. Most followers and potential clients only read messages in their native language. If any, their second choice is English
- Culture Europe has many cultural differences. Even more than languages. Understanding and working with these cultural differences is not easy. However, if you want to do business in a country, you have to play by that nation’s rules
- Patience Building trust and relationship takes time and Europeans (specifically those of the South) have a different approach in taking meetings with Sales reps than British or American people
Learn how to grow your business in Europe
