In 2023, European household expenditure on telecom varied significantly across countries. Germany led with €30.16 billion, while Lithuania, Slovenia, and Latvia reported below €1 billion each. Year-on-year variations showed growth in Germany and France, 1.41% and 2.41% respectively, indicating stable markets. Conversely, Spain and Italy experienced declines, suggesting market saturation or cost management efforts. Croatia showed notable growth at 6.12%, a remarkable trend in Eastern Europe. Over five years, the compound annual growth rate reflects these shifts, highlighting divergent regional developments.
Future trends indicate increased tech adoption, impacting telecom needs. Markets like Germany and France will likely grow with the digital transformation. Southern European markets might rebound with new technologies and consumer demands. Monitoring regulatory changes and market innovations could provide insight into emerging opportunities.
Top countries in Household Expenditure on Telecom by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30,160 | 2023 | +1.55% | +1.41% | View data |
| 2 | 2 France | 26,140 | 2023 | +2.58% | +2.41% | View data |
| 3 | 3 Spain | 16,340 | 2023 | +0.2% | -0.4% | View data |
| 4 | 4 Italy | 14,320 | 2023 | +0.96% | -2.96% | View data |
| 5 | 5 Portugal | 3,640 | 2023 | +3.53% | +5.86% | View data |
| 6 | 6 Slovakia | 1,700 | 2023 | +3.14% | +3.3% | View data |
| 7 | 7 Croatia | 1,610 | 2023 | +2.35% | +6.12% | View data |
| 8 | 8 Lithuania | 702.33 | 2023 | +1.59% | +2.17% | View data |
| 9 | 9 Slovenia | 611.61 | 2023 | -0.075% | +0.29% | View data |
| 10 | 10 Latvia | 523.99 | 2023 | +14.22% | +5.54% | View data |
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