ICT
Tech savvy talent pool, super-charged infrastucture and innovative solutions
Lithuania has the largest ICT industry in the Baltic States with an outstanding potential both for local as well as foreign expanding businesses.
13 out of the 20 largest IT companies in the Baltic States are based in Lithuania. Pixelmator, currently ranks as the fourth best-selling mobile application creator on the Mac App Store, trailing only Apple’s own applications.
The most important export markets for the sector were Germany, USA, United Kingdom, Denmark and Sweden.
Information and communications sector generates about 3 % of GDP, employing around 2.5 percent of total employment. Annual salary of IT specialists ranks from eur 10k to eur 26k depending on the position and experience.
Sector highlights
- 1st in the EU for fibre-to-premises penetration / Fibre to the Home Council, 2015
- 1st globally in fulfilling business requirements for ICT / IMD World Competitiveness Yearbook, 2015
- Leading connectivity and communications technology / IMD World Competitiveness Yearbook, 2015
- Lithuanians are among global leaders in using mobile e-signature
- Lithuania is the leading country in EU by the number of the graduates of mathematics, technology and science
- Exacaster is among the hottest cloud-based marketing startups of 2015
- Ruptela is among fastest growing companies in Central Europe / Deloitte Technology Fast 50, 2015
- Teamgate is 2nd among 25 best CRM apps / GetApp.com
Key production and services branches
- Mobile and wireless solutions
- Consultancy and call centres
- Software development solutions
- Infrastructure solutions
- Business management products
- Web solutions
- Business management systems
Industry’s key competitive advantages
- Largest industry in the Baltic States
- Leading professionals in the region
- Effective cooperation with science
- Rapid technological development of services
- Rising investment into electronic communications infrastructure
- Growing startup community
