Key Market Indicators
Hungarian telecom expenditure is projected to decline, reaching approximately €1.66 billion by 2028, down from €1.88 billion in 2023. This represents an average annual decrease of 2%. Since 2000, Hungary has experienced a consistent drop in telecom demand, averaging a 2.3% decrease each year. In 2023, Hungary ranked 24th in telecom expenditure, with Slovakia surpassing it at €1.88 billion. In the broader European context, France, the United Kingdom, and Italy took the second, third, and fourth spots, respectively, in telecom spending rankings for 2023.
