European Telecommunications Capex Forecast, 2024–2028
This IDC Market Forecast provides a European analysis of telecommunications capex in 2022-2028. The capex forecast is broken down by geography into France, Germany, Spain, the U.K., other Western European countries, and Central & Eastern Europe (CEE)."After peaking in 2023, spending by telecom operators in Europe will decrease over the 2023-2028 period at CAGR of 1.7%. Telecom operators are at a turning point — in a difficult macroeconomic environment characterized by high interest rates, they need to decrease capex intensity while paving the way for new revenue streams. Investments will be driven by automation and efficiency. Telcos will need to close the fixed broadband gap and modernize 5G equipment before 2028." — Associate Vice President Bruno Teyton, European Networking and Life-Cycle ServicesAdvice for Technology Suppliers