In 2023, the Czech Republic led the share of high-growth enterprises in wireless telecommunications services in Europe, followed by Hungary and Lithuania. Notable gains were observed in Portugal with a 43.1% increase and Hungary with a 21.29% rise. Meanwhile, Italy and Norway saw declines of 12.94% and 7.79%, respectively. Lithuania's share remained unchanged, and Romania exhibited modest growth. Over the last five years, Portugal showed remarkable improvement, contrasting with countries like Italy, which experienced a significant downturn.
Future trends to watch include:
- Potential gains in Central Europe driven by technological advancements and investment.
- New market entrants in countries exhibiting rapid growth such as Portugal and Hungary.
- Challenges in maintaining competitiveness for countries with declining shares, like Italy and Norway.
Top countries in Number of High Growth Enterprises in Wireless Telecommunications Services Share by Country (Units (Enterprises))
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 44.77 | 2023 | 0% | +2.59% | View data |
| 2 | 2 Hungary | 37.61 | 2023 | +5% | +21.29% | View data |
| 3 | 3 Lithuania | 7.16 | 2023 | +33.33% | 0% | View data |
| 4 | 4 Romania | 5.37 | 2023 | +50% | +8.45% | View data |
| 5 | 5 Portugal | 5.37 | 2023 | +50% | +43.1% | View data |
| 6 | 6 Norway | 3.58 | 2023 | 0% | -7.79% | View data |
| 7 | 7 Italy | 1.79 | 2023 | -50% | -12.94% | View data |
