Luxembourg Telecom Market Size (2024 - 2029)

Luxembourg Telecom Market Analysis

The Luxembourg Telecom Market size is estimated at USD 663.18 million in 2024, and is expected to reach USD 770.65 million by 2029, growing at a CAGR of 3.05% during the forecast period (2024-2029).

• Luxembourg has a small telecom market dominated by state-owned POST Luxembourg. Government reforms over the last two decades dramatically changed the nature of telecom in Luxembourg. However, players such as Orange and Tango operate their own networks and offer various ranges of competitive deals. Smaller mobile operators in Luxembourg use one of these three networks.
• As per Lexology, by 2024, the main operator, POST Luxembourg, had aimed to have its standard fixed lines totally replaced by fixed lines provided via IP. According to the DESI (Digital Economy & Society Index), next-generation access (NGA) coverage was to reach 99% (compared to an EU average of only 90% of households) by the same year.
• The push to extend essential telephone services nationwide has seen extensive use of Wireless Local Loop (WLL) services. WLL is the use of wireless communications connections to deliver plain old telephone service or internet access to telecommunication customers, such as GSM.
• There is currently no public authority in Luxembourg that exercises global supervisory or monitoring power over the content and traffic data of network operators, ISPs, and users, as this would violate essential privacy principles and, thus, restrain the market.
• Post-pandemic, Luxembourg's government planned to extend the footprint of its 1Gb/s service in line with government programs to make Luxembourg the first fully-fired country in Europe. By early 2021, about 72% of premises were expected to access such a service. Since the end of 2021, Luxembourg has been providing a very high-capacity network (VHCN) with downstream speeds ranging up to 1GB/s to almost 96% of all households and businesses.

Luxembourg Telecom Industry Segmentation

Telecom or telecommunication is the long-range transmission of information by electromagnetic means. The Luxembourg telecom market report includes an in-depth trend analysis based on connectivity, including fixed networks, mobile networks, and telecom towers. Several factors, including an increasing demand for 5G, are likely to drive the adoption of telecom services.

The Luxembourgish telecom market is segmented by services (voice services (wired and wireless), data and messaging services, OTT and PayTV services). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.