Key Market Indicators
Lithuanian telecom expenditure is projected to hit €1 billion by 2028, up from approximately €910 million in 2023. This marks an average annual growth rate of 2.2%. Since the turn of the millennium, Lithuania's demand for telecom services has surged, increasing by an average of 4.1% annually. In the 2023 global rankings, Lithuania placed 25th, with Hungary surpassing it at nearly €910 million in expenditure. Leading the rankings were France, the United Kingdom, and Italy, which secured the second, third, and fourth spots, respectively.
