The forecast for communication equipment turnover in Finland indicates a steady decline from 2024 to 2028. In 2023, the turnover stood at 9.92 billion euros. Starting from 2024, the turnover is expected to decrease by 10.7% year-on-year to 8.91 billion euros. Further declines are anticipated: a 10.8% drop in 2025 to 7.95 billion euros, an 11.9% drop in 2026 to 7.0 billion euros, a 13.3% drop in 2027 to 6.07 billion euros, and a 14.8% drop in 2028 to 5.17 billion euros. The compound annual growth rate (CAGR) from 2024 to 2028 is -12.4%.
Future trends to watch for:
- Technological advancements and their impact on communication equipment.
- Market saturation and consumer demand changes.
- Competition and new entrants in the market.
- Regulatory changes affecting the industry.
