Market Share of Belgium ICT Industry
The Belgian ICT market is fragmented in nature. Some major players in the market studied are Google, Microsoft, AWS, IBM, etc. Players in the market are adopting strategies such as partnerships, agreements, innovations, and acquisitions to enhance their service offerings and gain sustainable competitive advantage.
- May 2024: Digi, a US-based Industrial Internet of Things company, declared its entry into the Belgian market. The company's strategy involves establishing a network to directly challenge Belgium's three incumbent mobile network operators (MNOs). Initially, Digi will function primarily as a Mobile Virtual Network Operator (MVNO), leasing capacity from Proximus. However, Digi's long-term vision is to construct its own network, complete with 4,500 antennas. By the end of 2025, Digi aims to blanket 30% of Belgium with its proprietary network.
- May 2024: Brussels announced its plans to roll out 5G services by September 2024, following a relaxation of radiation regulations. An executive order, alongside parliamentary approval, has paved the way for the deployment of 5G antennas across the city. Major local operators, including Orange, Proximus, and Telenet, have affirmed their intentions to apply for permits from the regional environment authority. Once approved, they will swiftly transition from 4G to 5G by upgrading their existing antennas.
Belgium ICT Market Leaders
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Google LLC
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Microsoft Corporation
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AWS
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IBM
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Oracle Corporation
*Disclaimer: Major Players sorted in no particular order
