Belgium Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Belgium Telecom Market Report is Segmented by Services, Data and Messaging Services, and OTT and PayTV Services. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Belgium Telecom Market Size

Compare market size and growth of Belgium Telecom Market with other markets in Technology, Media and Telecom Industry

Belgium Telecom Market Analysis

The Belgium Telecom Market is expected to register a CAGR of 2.95% during the forecast period.

  • Belgium is a developed economy, and internet penetration is significant in the nation. The World Bank indicates that over 92% of the population uses the Internet. This indicates that digital awareness is significant and contributes to the market’s growth.
  • Belgium boasts a mobile market dominated by four key players: Proximus, Orange Belgium, Telenet, and Digi Belgium, alongside a few MVNOs. These operators have bolstered their LTE networks to accommodate the rising demand for mobile data. Despite initial hesitations tied to radiation concerns, all major MNOs have now rolled out 5G services. The 5G spectrum auction, initially delayed, happened in June 2022, paving the way for licensees (including Digi Belgium, which, in partnership with Citymesh, emerged as the nation's fourth MNO) to develop 5G services, primarily utilizing sub-GHz spectrum swiftly.
  • Furthermore, Belgium's landscape sees robust competition between DSL and cable platforms. Moreover, recent government initiatives have spurred investments in fiber networks. Telenet, backed by Liberty Global, has expanded its DOCSIS3.1 services and ventured into Wallonia. Meanwhile, Proximus, known for its extensive fiber/VDSL and FttP deployments, is channeling investments into its ambitious 'Fibre for Belgium' program, with a commitment of EUR 3 billion (USD 3.27 Billion) until 2027. While fiber is rising, cable remains the dominant player, and DSL is gradually losing ground as subscribers pivot toward expanding fiber networks.

Belgium Telecom Industry Overview

The Belgian telecom market is consolidated, with a few players holding the majority of the market share. In order to sustain in this competitive market, players are engaged in acquisitions and collaborations, thereby contributing to the market’s growth rate.

  • April 2024: Proximus, a Belgian operator, disclosed its recent agreement with NRB, a local IT services firm, to secure an extra 20 MHz of 5G spectrum in the 3600 MHz band. NRB, in a strategic move, is divesting its 5G license to realign with its primary operations, all the while assuring its dedication to providing 5G services, as highlighted by Proximus. Furthermore, the two entities are in talks regarding a potential wholesale collaboration.
  • June 2023: Orange Belgium has successfully acquired a controlling stake in VOO SA, a prominent telecommunications provider in Belgium. Following the transaction, Orange Belgium now commands a 75% stake in VOO SA, with Nethys, the previous majority owner, holding the remaining 25%. This move not only cements Orange's foothold in the Belgian telecom sector but also paves the way for anticipated growth and innovation initiatives.

Belgium Telecom Market Leaders

  1. Proximus

  2. Orange Belgium

  3. Telenet

  4. Digi Belgium

  5. Lycamobile Belgium

  6. *Disclaimer: Major Players sorted in no particular order
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Belgium Telecom Market News

  • September 2023: Orange Belgium announced a significant milestone, securing a five-year contract to deliver mobile connectivity and IoT services to the Flemish government. Valued at over EUR 23 million (USD 24.4 million), the primary objective of this partnership is to grant all public administrations in Flanders access to Orange Belgium's comprehensive suite of mobile services. These encompass mobile telephony, data communications, machine-to-machine interactions, and IoT solutions catering to diverse administrative bodies.
  • July 2023: Belgian operator Fiberklaar unveiled its latest strides in expanding its fiber network, enhancing high-speed connectivity across multiple Belgian municipalities. The company's recent declaration outlines its commitment to delivering fiber connectivity to the communities of Erembodegem, Meldert, and Moorsel.

Belgium Telecom Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Ecosystem Analysis
  • 4.3 Industry Attractiveness - Porter's Five Force Analysis
    • 4.3.1 Bargaining Power of Buyers/Consumers
    • 4.3.2 Bargaining Power of Suppliers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Assessment of the Macro Economic Factors on the Market
  • 4.5 Regulatory Landscape in Belgium

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rising Demand for 5G
    • 5.1.2 Growth of IoT Usage in Telecom
  • 5.2 Market Restraints
    • 5.2.1 The Emergence of Stiff Competition is a Concern for the Industry
  • 5.3 Analysis of the Market based on Connectivity (Coverage to include In-depth Trend Analysis)
    • 5.3.1 Fixed Network
    • 5.3.1.1 Broadband (Cable Modem, Wireline-Fiber, Wireline DSL, and Fixed Wi-Fi and Trends Regarding ADSL/VDSL, FTTP/B, Cable Modem, FWA, and 5G FWA)
    • 5.3.1.2 Narrowband
    • 5.3.1.3 Mobile Network
    • 5.3.2 Mobile Network
    • 5.3.2.1 Smartphone and Mobile Penetration
    • 5.3.2.2 Mobile Broadband
    • 5.3.2.3 2G, 3G, 4G, and 5G connections
    • 5.3.2.4 Smart Home IoT and M2M Connections
  • 5.4 Analysis of Telecom Towers (Coverage to Include In-depth Trend Analysis of Various Types of Towers, like Lattice, Guyed, Monopole, and Stealth Towers)

6. MARKET SEGMENTATION

  • 6.1 By Services
    • 6.1.1 Voice Services
    • 6.1.1.1 Wired
    • 6.1.1.2 Wireless
    • 6.1.2 Data and Messaging Services
    • 6.1.3 OTT and PayTV Services

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Proximus
    • 7.1.2 Orange Belgium
    • 7.1.3 Telenet
    • 7.1.4 Digi Belgium
    • 7.1.5 Lycamobile Belgium
    • 7.1.6 Versatel
    • 7.1.7 Interkabel
    • 7.1.8 Tele2
    • 7.1.9 Citymesh
    • 7.1.10 Scarlet
  • *List Not Exhaustive

8. INVESTMENTS ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET

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Belgium Telecom Industry Segmentation

Telecom or telecommunication is the long-range transmission of information by electromagnetic means. The Belgian telecom market includes in-depth trend analysis based on connectivity, such as fixed networks, mobile networks, and telecom towers. Telecom services are divided into voice services (wired and wireless), data and messaging services, and OTT and PayTV services. Several factors, including an increasing demand for 5G, will likely drive the adoption of telecom services.

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments. 

By Services Voice Services Wired
Wireless
Data and Messaging Services
OTT and PayTV Services
By Services
Voice Services Wired
Wireless
Data and Messaging Services
OTT and PayTV Services
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Belgium Telecom Market Research FAQs

What is the current Belgium Telecom Market size?

The Belgium Telecom Market is projected to register a CAGR of 2.95% during the forecast period (2025-2030)

Who are the key players in Belgium Telecom Market?

Proximus, Orange Belgium, Telenet, Digi Belgium and Lycamobile Belgium are the major companies operating in the Belgium Telecom Market.

What years does this Belgium Telecom Market cover?

The report covers the Belgium Telecom Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Belgium Telecom Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Belgium Telecom Industry Report

Statistics for the 2025 Belgium Telecom market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Belgium Telecom analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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