Lithuania has the largest Information and Communications Technology (ICT) industry in the Baltic states, with outstanding potential for both domestic and foreign businesses.

13 out of the 20 largest IT companies in the Baltic states are based in Lithuania.

The Lithuanian GetJar, the world’s first multi-platform mobile application download provider (founded in 2005) is now the world’s second largest mobile application store, with over 1 billion downloads to date. Second only to Apple, this is more than Nokia, Microsoft, Samsung, and LG. GetJar is the winner of the prestigious Mobile Excellence Award for Best Mobile Service and in 2011 was named by the World Economic Forum as one of the world’s four most innovative Technology Pioneer companies to have a great impact on business, economics, and society worldwide.

There are more than 20,000 IT professionals employed in the Lithuanian market, with an additional generation of approximately 4,500 students focused on IT curriculums in 15 higher education institutions across the country.

Lithuania has the world’s fastest Internet download speed, the world’s second fastest Internet upload speed, the world’s 6th and Europe’s No. 1 fiber to the home (FTTH) optic communication penetration (23%), Europe’s highest fiber optic density,  Europe’s densest network of public Internet access points (875), and is the global leader in mobile e-signature.

It is expected that by 2015 products of IT, laser technologies, biotechnologies, nanotechnologies, and materials science will constitute 25% of Lithuania‘s GDP and 80% of national export.

Success stories: IBM, Lintel,TeliaSonera, Microsoft, GetJar, Interlogistics etc. More success stories