The European market for high-growth enterprises in wired telecommunications reveals that Hungary leads with a significant share of 26.04%. The Czech Republic follows closely with 22.14%, displaying strong potential. Romania, Norway, and Italy each account for 11.72%, while Portugal stands at 6.51%. Latvia and Lithuania each hold 3.91%, with Slovakia and Iceland at the lower end with 2.6% each. In 2023, Hungary saw a positive year-on-year increase of 23.36%, with the Czech Republic at 13.56%. Italy, in contrast, declined by 3.93%, and Lithuania experienced a significant drop of 15.59%.
Future trends to watch include potential rapid growth in Eastern European countries, considering their current momentum. Additionally, markets showing stability or slight declines, like Italy and Lithuania, may see shifts due to technological advancements and regulatory changes. Monitoring these transitions could provide insights into emerging leaders within the sector.
Top countries in Number of High Growth Enterprises in Wired Telecommunications Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 26.04 | 2023 | +17.65% | +23.36% | View data |
| 2 | 2 Czech Republic | 22.14 | 2023 | +6.25% | +13.56% | View data |
| 3 | 3 Romania | 11.72 | 2023 | 0% | +12.47% | View data |
| 4 | 4 Norway | 11.72 | 2023 | 0% | +8.45% | View data |
| 5 | 5 Italy | 11.72 | 2023 | 0% | -3.93% | View data |
| 6 | 6 Portugal | 6.51 | 2023 | +25% | +7.39% | View data |
| 7 | 7 Latvia | 3.91 | 2023 | 0% | +8.45% | View data |
| 8 | 8 Lithuania | 3.91 | 2023 | 0% | -15.59% | View data |
| 9 | 9 Slovakia | 2.6 | 2023 | 0% | +14.87% | View data |
| 10 | 10 Iceland | 2.6 | 2023 | 0% | 0% | View data |
