An overview of Vilnius Tech Industry
![An overview of Vilnius Tech Industry](https://rest.techbehemoths.com/storage/images/posts/main/vilnius-large-666ffed00e714.png)
Vilnius, the capital city of Lithuania, has been receiving attention for its growing startup sector. The country's favorable regulatory environment for startups, combined with its stunning medieval town center, over 20 business hubs and accelerators, and impressive intellectual property production rankings, are some of the key reasons behind its success.
The volume of startups based in Vilnius has reached a total of 740. Moreover, last year saw 67,100 expats relocate to Vilnius. This number is expected to increase annually, as many of these individuals are employed in booming digital sector of the country. Currently, there are approximately 17,000 workers contributing to Vilnius' tech and digital ecosystem - a number projected to double within the next three years, the Eu-Startups reported.
Some notable startups in Vilniues are: NordVPN, CGTrader, TransferGo, Trafi, Kilo Health, CityBee, Brolis Semiconductors, PIXEVIA, Oxipit.
According to a recent survey, respondents highlighted the city's strength in various tech industries. These include cybersecurity, energy and sustainability, fintech, health care and medtech, edtech, and silver tech, among others. The survey indicated that the city performed well across these sectors with practical applications.
Also, Vilnius has some significant tech parks such as Sapiegos Tech Park. The community currently hosts over 50 innovative companies. These companies encompass a wide range, from freelance developers and designers to fast-growing startups and well-established players. With no industry focus, the tech park provides a diverse environment where entrepreneurs from different backgrounds can come together to learn and grow as a collective.
Another factor which contribute to the city's thriving startup scene is that Vilnius is home to two major technical universities: Vilnius Gediminas Technical University (VGTU), Vilnius University Faculty of Mathematics and Informatics.
TechBehmoths provides a comprehensive list of over 76 IT companies in Vilnius, offering a diverse range of 86 services across various industries. With user-friendly search filters, you can easily refine your search to find the perfect service provider. Evaluate their past projects, pricing models, client feedback, and technology expertise to find the best fit for your requirements, all at no cost or commitment to hire.