Key Market Indicators
Lithuanian Computer Hardware Revenue is projected to climb to €27 million by 2028, up from €23 million in 2023. This reflects an annual growth rate of 2.5%. The market has seen a steady rise of 3% per year since 2013. In 2023, Lithuania ranked 23rd globally, with Norway slightly ahead at €23 million. Germany, the United Kingdom, and Italy secured the second, third, and fourth positions, respectively. In terms of exports, Lithuanian Computer Hardware is expected to reach nearly $49 million by 2028, growing from approximately $44 million in 2023. This marks an annual growth rate of 1.6%. Since 1999, the country's supply has increased by 2.3% annually. On the import front, Lithuania's Computer Hardware imports are set to reach around $74 million by 2028, up from $67 million in 2023. This indicates an average annual growth rate of 1.4%. Since 1999, demand has risen by 1.9% each year.
