The telecom sector in Belgium showed fluctuations in Gross Value Added (GVA) between 2013 and 2023. Starting at €5.18 billion in 2013, the value declined to €4.89 billion in 2014, followed by varied trajectories until it stood at €5.41 billion in 2023. The period witnessed a mix of declines and recoveries, with notable changes such as a 7.2% decrease in 2013 and a 5.18% increase in 2015. Over the last five years (2018-2023), the compound annual growth rate (CAGR) was around 1.07%. Year-on-year variation for 2023 was modest at 0.29%.
Future trends to watch for include:
- Continuous modest growth in the telecom sector, with a forecasted 5-year CAGR of 0.27% from 2024 to 2028.
- Potential impacts of emerging technologies such as 5G, IoT, and AI on market dynamics and GVA contributions.
- Market consolidation and competitive positioning of telecom companies.
Latest reports
US Telecom Market Report- Q4 2024
The fourth quarter of 2024 marked a period of dynamic growth and transformation for the US telecom market, characterized by significant advancements in...
China Telecom Market Report- Q4 2024
The fourth quarter of 2024 marks a pivotal period for the telecom market in China, driven by advancements in 5G technology, strategic international...
Japan Telecom Market Report- Q4 2024
In the fourth quarter of 2024, Japan's telecommunications industry demonstrated significant strides in technological advancements and strategic collaborations, positioning itself as a global...
Germany Telecom Market Report- Q4 2024
In the fourth quarter of 2024, the telecom industry in Germany saw significant advancements across various segments, driven by technological innovations, strategic partnerships,...
India Telecom Market Report- Q4 2024
The fourth quarter of 2024 marks a dynamic and transformative period for the Telecom India sector. Significant advancements in network infrastructure, strategic regulatory...
UK Telecom Market Report- Q4 2024
The UK telecommunications sector in Q4 2024 was marked by significant transformations driven by technological advancements, strategic mergers, and regulatory changes. This period...
France Telecom Market Report- Q4 2024
The fourth quarter of 2024 marked a pivotal period for the telecommunications market in France, driven by significant advancements in 5G technology, strategic...
Canada Telecom Market Report- Q4 2024
In Q4 2024, the Canadian telecommunications market experienced significant shifts, driven by consolidation, technological advancements, and strategic partnerships. This period was marked by...
Brazil Telecom Market Report- Q4 2024
In the fourth quarter of 2024, Brazil's telecommunications landscape witnessed significant developments across various segments, underscoring the dynamic nature of the market. Key...
Italy Telecom Market Report- Q4 2024
The fourth quarter of 2024 marked a pivotal period for the Italian telecommunications industry, characterized by dynamic shifts and strategic advancements across mobile...
