In 2023, the United Kingdom, Germany, and Italy led in the number of communication equipment enterprises, with Germany and Italy showing growth at 2.35% and 3.83% respectively. Slovakia saw the highest growth rate at 6.59%. Countries like Hungary, France, and Sweden faced notable declines, with Hungary experiencing a significant drop of 17.18%. Over a 5-year period, divergent trends are visible, with some countries experiencing stable growth and others facing contractions.
Future trends to watch include potential recovery in countries showing declines, technological advancements fueling growth, and emerging markets within Europe potentially gaining a stronger foothold in the communication equipment sector.
Top countries in Communication Equipment Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,110 | 2023 | -1.86% | -1.84% | View data |
| 2 | 2 Germany | 921 | 2023 | +0.55% | +2.35% | View data |
| 3 | 3 Italy | 771 | 2023 | -0.39% | +3.83% | View data |
| 4 | 4 Czech Republic | 645 | 2023 | -2.42% | -2.68% | View data |
| 5 | 5 Slovakia | 465 | 2023 | +4.03% | +6.59% | View data |
| 6 | 6 Poland | 332 | 2023 | -0.3% | -0.59% | View data |
| 7 | 7 Hungary | 245 | 2023 | -18.71% | -17.18% | View data |
| 8 | 8 France | 242 | 2023 | -2.02% | -3.55% | View data |
| 9 | 9 Spain | 156 | 2023 | -0.64% | -1.47% | View data |
| 10 | 10 Sweden | 155 | 2023 | -5.49% | -4.09% | View data |
