In 2023, Germany led the European wired telecommunications sector with a turnover of 53.65 billion euros, showing a growth of 3.08%. France followed with 36.51 billion euros, increasing by 1.84%. Italy and Spain saw declines, with Italy decreasing by 4.6% to 15.89 billion euros and Spain by 2.66% to 15.43 billion euros. Notably, Sweden and Portugal recorded positive growths of 3.49% and 3.43%, respectively. Serbia experienced the highest growth rate in the sector at 9%. Norway and Iceland saw significant declines, with reductions of 12.85% and 28.15%, respectively.
Future trends in the European wired telecommunications sector are expected to be influenced by the increasing shift towards mobile and broadband solutions, technological advancements, and potential regulatory changes. Countries showing resilience, like Germany, might continue spearheading investments in infrastructure. Newer telecom technologies and services will likely drive competition and shape the market landscape.
Top countries in Turnover of Wired Telecommunications by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 53,650 | 2023 | +8.74% | +3.08% | View data |
| 2 | 2 France | 36,510 | 2023 | +1.19% | +1.84% | View data |
| 3 | 3 Italy | 15,890 | 2023 | -5.26% | -4.6% | View data |
| 4 | 4 Spain | 15,430 | 2023 | -2.68% | -2.66% | View data |
| 5 | 5 Sweden | 8,040 | 2023 | +1.29% | +3.49% | View data |
| 6 | 6 Belgium | 6,420 | 2023 | -0.47% | -1.15% | View data |
| 7 | 7 Portugal | 4,290 | 2023 | +0.12% | +3.43% | View data |
| 8 | 8 Ireland | 3,740 | 2023 | +0.96% | +2.26% | View data |
| 9 | 9 Poland | 3,560 | 2023 | -3.3% | -1.35% | View data |
| 10 | 10 Finland | 3,250 | 2023 | +0.99% | +0.47% | View data |
