In 2023, Germany led the European Wired Telecommunications market with a turnover of 31.72 million Euros, followed by France at 21.59 million Euros. Notable declines were observed in Italy (-4.6%) and Spain (-2.66%). Serbia showed significant growth at 9.0% year-on-year. Norway and Iceland experienced the most substantial drops at -12.85% and -28.15%, respectively. Over the past five years, varied CAGRs reflect divergent trends, with some markets contracting while others expand modestly.
Future trends to watch include technological advances that might lead to increased competition from wireless alternatives, potential consolidation in smaller markets, and increased focus on customer service and infrastructure upgrades to retain market share in established markets like Germany and France.
Top countries in Turnover of Wired Telecommunications Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.72 | 2023 | +8.74% | +3.08% | View data |
| 2 | 2 France | 21.59 | 2023 | +1.19% | +1.84% | View data |
| 3 | 3 Italy | 9.39 | 2023 | -5.26% | -4.6% | View data |
| 4 | 4 Spain | 9.12 | 2023 | -2.68% | -2.66% | View data |
| 5 | 5 Sweden | 4.75 | 2023 | +1.29% | +3.49% | View data |
| 6 | 6 Belgium | 3.8 | 2023 | -0.47% | -1.15% | View data |
| 7 | 7 Portugal | 2.54 | 2023 | +0.12% | +3.43% | View data |
| 8 | 8 Ireland | 2.21 | 2023 | +0.96% | +2.26% | View data |
| 9 | 9 Poland | 2.1 | 2023 | -3.3% | -1.35% | View data |
| 10 | 10 Finland | 1.92 | 2023 | +0.99% | +0.47% | View data |
