An optimistic Europe This year’s survey reveals a largely positive shape to industry sentiment, with around half of respondents reg- istering a more optimistic outlook for the future of European technology compared to 12 months ago. This is approximately double the share of respondents who reported a waning sense of optimism over the past year. Looking at how sentiment compares across countries, the picture is broadly aligned. In every country, the share of respondents with a positive outlook far outweighs the share that reported a negative change over the past 12 months. Nevertheless, around a quarter of respondents in all countries do say they are now less optimistic compared to this time last year. There are certain countries that stand out as particularly positive amongst survey respondents. 57% of respondents based in Poland are more positive about the future, the highest share of any individual country and a huge leap from last year. Similarly, 50% or more of respondents from Portugal, Spain, and Norway also reported improved sentiment over the past 12 months. Compared to 12 months ago, are you more or less optimistic today about the future of European technology? Less Same 100 More 75 s t n e d n o p 50 s e r f o % 25 0 d l n y y d k e ly a n d a s n a i a n n r m c i e n i d m a g a w a a a o n ta n d a tr n iu l tu p r rl d a I o e l s a g o r S o m m g r t in u rl l P o r ze n n F s w F A e e P N e it e i E S h B G D K w t S ed Ne nit U Sources: Notes: Numbers may not add up to 100 due to rounding. 109 | Companies

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