Key Market Indicators
Slovak telecom expenditure is projected to hit €2.1 billion by 2028, up from €1.9 billion in 2023, reflecting an average annual growth rate of 1.6%. This steady increase follows a historical trend, with Slovak demand having grown at an average annual rate of 3.6% since 2000. In the global telecom expenditure rankings for 2023, Slovakia secured the 23rd position. Croatia edged out Slovakia with an expenditure of €1.9 billion. Topping the list were France, the United Kingdom, and Italy, occupying the second, third, and fourth spots respectively.