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Home Business sectors ICT

ICT

The tech-savvy talent pool, super-charged infrastructure, and innovative solutions

Lithuania is a rapidly growing hub for information and communication technologies (ICT). It is a center of excellence in IT solutions, software development, fintech, and world-wide renowned startups. The Lithuanian ICT industry is well known for its quality and well-developed infrastructure, the pool of ambitious young talents, and promising tech companies.

Lithuania has the largest ICT industry in the Baltic States with outstanding potential both for local as well as foreign expanding businesses.

In 2019 information and communications sector generated about 5.3% of GDP. At the beginning of 2021 this sector has employed around 27 thousand persons or 2.8% of total employment.

Strengths of Lithuanian ICT sector:

  • Highly-skilled and educated IT specialists;
  • Highly-experienced Lithuanian companies in outsourcing services;
  • Significant experience in public sector digitalization;
  • Advanced IT infrastructure
  • Growing startup community

Key production and services:

  • Mobile and wireless solutions
  • Consultancy and call centers
  • Software development solutions
  • Infrastructure solutions
  • Business management products
  • Web solutions
  • Business management systems

Major export destination in 2020:

  • USA, 23,1%
  • Ireland, 12,5%
  • United Kingdom, 10,5%
  • Germany, 6,1%
  • Denmark, 5,9%
  • Sweden, 5,9%
  • Cyprus, 4,4%

Overview of Lithuanian ICT Industry

Onepager: ICT Industry in Lithuania

 

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Contacts

Enterprise Lithuania
Juozo Balčikonio st. 3, LT-08247, Vilnius, Lithuania

Phone: +370-5-2499-083
E-mail: info@enterpriselithuania.com
Company code: 302454111
VAT number: LT100005125012

Working hours

Monday – Friday 8.00 – 17.00
Lunch break 12.00 – 13.00

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