Transcript 2003 year Lithuanian ICT market size In 2003, the sector of

Lithuanian ICT sector

In 2003, the sector of information and other new
technologies compounded 7.5 percent of the
Lithuanian GDP
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About 500 of ICT and electronics companies

ITT wholesale market increased by 8%, to 153
million Eur

There are 15 000 of high qualification specialists
employed in the sphere of the information
technologies alone.
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Lithuanian ICT sector

Their competence gained the international
recognition as well – in 2003 more than 40
Lithuanian ICT companies exported their products
and solutions to the EU, USA, Asian and CIS
countries.

During 2002–2003, Lithuanian ICT market has not
only been growing 27-30%, but also creating new
quality and cheaper products for its users.
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Lithuania ICT Market Trends
2003 year Lithuanian ICT market size
In total – appr. 1 237 million Eur.
Note: Data on communication equipment and complex IT solutions
market are tentative and approximate.
IT – appr.
Million Euro
300
327
610
Communications – appr.
Communication equipment,
other IT services and
complex solutions – appr.
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2003 year Lithuanian ICT market size
In 2003, the sector of information and other new technologies
compounded 7.5 percent of the Lithuanian GDP
17,50%
7,70%
6,10%
Services
Production
1,40%
2003
2015
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Lithuania ICT industry export

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General Lithuanian export in 2003 increased by 8.7
percent
Volume of Lithuanian ICT companies export is on the
average 7 percent
Lithuanian TOP 10 IT companies exports increased
from 40 to 80 percent in 2003
Export of IT services in 2003 – about 45 million Euros
The main Lithuanian ITT export markets: Germany,
Russia, Belarus, Finland, Denmark, USA, and Latvia
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Lithuania R&D

In 2003, about 1950 ICT specialists studied in five
Lithuanian Universities; 1000 Masters of Science

About 500 ICT specialists are employed in Lithuanian or
foreign ICT companies every year

Lithuania’s ICT businesses and the Government have
initiated a program of investment into R&D seeking to
achieve that by 2008 up to 2.5-3 percent of State
budget funds is allocated for R&D projects and
enlargement of the related scope of work
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Lithuania ICT infrastructure
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89% of business have web pages
Government has an initiative to train 10% of total
population to use internet
Government employees have a ECDL certificate
3 international airports, direct connection with major
cities in Europe. The same or close time zone.
Relatively short geographical distance
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Labour cost
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Over 15 000 employees in ICT
software and services industry
Well-trained & low-cost
human resources available
Annual average programmer
salary – 9 000 Eur.
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