In 2023, Germany led the European market in communication equipment production, despite a slight decline of -1.75%. Italy and Sweden showed impressive growth with 11.41% and 15.95% increases, respectively. France grew by 6.27%, while Estonia and Poland experienced declines of -3.01% and -6.2%. Finland and Norway emerged with strong growth due to their respective increases of 19.51% and 12.88%. Hungary showed a significant contraction of -55.09%.
Key future trends to watch include technological innovations driving growth in major markets like Italy and Sweden, alongside potential recoveries or continuous challenges in shrinking markets such as Hungary and Estonia.
Top countries in Sold Production of Communication Equipment Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.85 | 2023 | +2.08% | -1.75% | View data |
| 2 | 2 Italy | 24.3 | 2023 | +5.67% | +11.41% | View data |
| 3 | 3 France | 10.02 | 2023 | +5.99% | +6.27% | View data |
| 4 | 4 Estonia | 9.53 | 2023 | +0.75% | -3.01% | View data |
| 5 | 5 United Kingdom | 9.29 | 2023 | -1.23% | -0.29% | View data |
| 6 | 6 Sweden | 4.59 | 2023 | +0.21% | +15.95% | View data |
| 7 | 7 Spain | 4.45 | 2023 | +2.64% | -0.64% | View data |
| 8 | 8 Poland | 4.11 | 2023 | +4.68% | -6.2% | View data |
| 9 | 9 Czechia | 2.38 | 2023 | |||
| 10 | 10 Denmark | 1.76 | 2023 | +0.13% | -4.35% | View data |
