Lithuania’s Technology Industry
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- Why Lithuania
- Already here
- Downloads
- News & Events
Lithuania is a true tech hub, bolstered by skilled IT specialists, a forward-thinking approach to talent development, state-of-the-art digital infrastructure, and a dynamic startup scene. As a fertile ground for software development, Lithuania’s vibrant technology ecosystem supports rapid growth and long-term success, from IT support services to advanced cybersecurity solutions and transformative AI algorithms.
Strategic Advantages of Lithuania for Technology
Highly Qualified Talent Pool
Lithuania boasts diverse and driven tech talent, perfect for powering technological growth. The country’s educational system and continuous investment in skill development ensure a steady supply of top-tier IT specialists.
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1st globallyfor the availability of digital skillsSource: IMD World Competitiveness Center, 2023
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1st in the EUfor Women in Science and Technology (64%)Source: Eurostat 2023
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1st in the EUfor young specialists (age 15-34) joining the ICT sectorSource: Eurostat, 2023
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13%average yearly growth of the IT talent poolSource: Eurostat, 2023
ICT specialists employed in Lithuania
Source: Eurostat, 2023
Diversity and Lifelong Skills Development
Dynamic Startup Scene
Lithuania’s startup ecosystem is one of the fastest-growing in the Baltics and Central and Eastern Europe. Bolstered by a collaborative environment, international accelerators, dedicated local investors, and substantial government backing, it nurtures new ideas and businesses with exceptional support.
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7.1x growth
in enterprise value between
2018-2023Source: Dealroom, 2023
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311 million EUR
in raised capital in 2023Source: Dealroom, 2023
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2nd in CEE
for VC investment in 2023Source: Dealroom, 2023
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3
unicornsVinted, Nord Security, Baltic Classifieds Group
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900+
startups and scaleupsSource: Startup Lithuania, 2023
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30+
incubators and acceleratorsSource: Startup Lithuania, 2023
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Cutting-Edge Digital Infrastructure
Lithuania offers top-tier digital infrastructure, ensuring seamless connectivity and robust cybersecurity measures. This advanced digital environment equips IT and software engineering teams with the essential resources for success.
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1st globallyfor public Wi-Fi speedSource: PureVPN, 2023
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5th globallyfor fiber coverageSource: OECD, 2022
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6thin the Global Cybersecurity IndexSource: International Telecommunication Union, 2021
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90.1%of households can access the 5G networkSource: The Digital Economy and Society Index (DESI), 2023
Technology Companies in Lithuania
Global Companies
Local stars
Join Lithuania’s Technology Industry
Whether you are a budding startup or a global tech giant, Lithuania offers the expertise and support needed to bring your vision to life. Contact our team to explore how Lithuania can power the growth of your tech business.