In 2023, the United Kingdom led in European wireless telecommunications turnover with 18.89 million euros, experiencing a year-on-year growth of 6.63%. France and Germany followed, registering modest changes of 1.13% and -0.37%, respectively. Notable decreases were observed in Portugal (-10.74%) and Sweden (-19.94%), while Iceland showed an impressive increase of 8.63%. Italy and Poland saw declines of 4.6% and 1.04%, respectively. Steady growth was evident in Norway (4.19%) and Switzerland (4.39%), indicating healthy market dynamics in these regions.
Future trends to watch include:
-Increased reliance on 5G technology, driving demand and market share shifts.
-The impact of regulatory changes on smaller markets like Croatia and Bulgaria.
-Expansion in emerging markets, such as Romania and Hungary, as economies develop.
Top countries in Turnover of Wireless Telecommunications Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 18.89 | 2023 | +4.76% | +6.63% | View data |
| 2 | 2 France | 16.71 | 2023 | -3.09% | +1.13% | View data |
| 3 | 3 Germany | 14.82 | 2023 | -4.46% | -0.37% | View data |
| 4 | 4 Spain | 9.55 | 2023 | +0.0017% | +0.49% | View data |
| 5 | 5 Poland | 5.5 | 2023 | +1.29% | -1.04% | View data |
| 6 | 6 Italy | 5.5 | 2023 | -8.06% | -4.6% | View data |
| 7 | 7 Norway | 4.27 | 2023 | +1.94% | +4.19% | View data |
| 8 | 8 Switzerland | 3.21 | 2023 | +4.75% | +4.39% | View data |
| 9 | 9 Hungary | 3.13 | 2023 | +4.87% | +3.98% | View data |
| 10 | 10 Czech Republic | 2.94 | 2023 | +1.67% | +2.22% | View data |
