Key Market Indicators
Belgium's telecom expenditure is projected to reach approximately €6.4 billion by 2028, up from €5.8 billion in 2023. This represents an average annual growth rate of 1.6%. Since the turn of the millennium, Belgian demand in the telecom sector has consistently increased by an average of 3.7% each year. In 2023, Belgium held the 12th position globally in telecom expenditure. Romania surpassed Belgium with spending also at €5.8 billion. Leading the rankings were France, the United Kingdom, and Italy, occupying the second, third, and fourth positions respectively.
