B2B drives market demand, with B2B spending representing 51.6% of total demand in 2023. Telefónica SA is the largest company in Spain, generating 45.9% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 89.7% of total production value in 2023. The total number of companies increases in 2023, to 6,869 units. The costs of the industry increase by 9.9% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 27.7% of turnover in 2023, the 12th highest regionally. With turnover of USD38.1 billion, Spain accounts for 9.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Telecommunications in Spain: ISIC 642. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Telecommunications in Spain: ISIC 642 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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