In 2023, the key European markets for wired telecommunications by production value were Germany and France, leading with values of 39.93 and 37.22 billion euros respectively. Year-on-year trends showed Germany increased by 1.91%, while France by 2.2%. Italy and Spain faced declines, with Italy decreasing by 4.09% and Spain by 3.38%. Notably, Serbia saw an impressive rise of 7.98%, indicating significant growth potential. Conversely, Norway experienced the largest downturn with a drop of 11.7%, coupled with Iceland's sharp decline of 28.37%.
Future trends to monitor include:
- The impact of technological advancements such as 5G and fiber optics on wired telecommunications production value.
- Potential market recoveries in countries experiencing declines, especially Norway and Iceland.
- The stability of growing markets like Serbia, and the sustainability of their growth rates.
- Influence of European digital policy and infrastructure investments on overall production value.
Top countries in Production Value of Wired Telecommunications by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39,930 | 2023 | +7.24% | +1.91% | View data |
| 2 | 2 France | 37,220 | 2023 | +0.85% | +2.2% | View data |
| 3 | 3 Italy | 16,910 | 2023 | -3.95% | -4.09% | View data |
| 4 | 4 Spain | 10,030 | 2023 | -4.78% | -3.38% | View data |
| 5 | 5 Sweden | 7,430 | 2023 | +0.75% | +3.06% | View data |
| 6 | 6 Belgium | 6,490 | 2023 | -0.49% | -1.89% | View data |
| 7 | 7 Portugal | 3,500 | 2023 | -1.22% | -1.07% | View data |
| 8 | 8 Poland | 3,030 | 2023 | -5.11% | -3.75% | View data |
| 9 | 9 Finland | 2,710 | 2023 | +0.44% | -1.89% | View data |
| 10 | 10 Greece | 2,220 | 2023 | -0.73% | -6.63% | View data |
