The Lithuanian IT market continues to grow has been growing rapidly. The computer and peripherals market in Lithuania is well-developed, and all major hardware and software suppliers have a market presence.
The focus of the Lithuanian IT sector in recent years has been on creating the necessary infrastructure to meet the demands of an information society. Demand for software development and consulting is growing rapidly. Supporting networks — including LANs and WANs — and internet applications are in high demand.
Opportunities
The best prospects for U.S. IT exports are powerful multi-media processors, networking equipment, and internet and ecommerce application software. Supporting networks including LANs and WANs and internet applications are in demand. IT goods and services exports comprise only about 0.3% of Lithuania’s total exports at present, leaving substantial room for growth.