Key Market Indicators
Hungary's ICT export is projected to reach $3.5 billion by 2026, up from $2.9 billion in 2021 – a growth rate of 2.8% year on year. Since 2000, Hungary's ICT supply has increased by an average of 9.1% a year. In 2021, Hungary ranked 33rd, overtaken by Malaysia with $2.9 billion. India, the United States, and China were the top three countries in the ranking. Meanwhile, Hungary's ICT revenue is set to reach €15.4 billion by 2026, up from €14 billion in 2021 – a growth rate of 1.5% year on year. Since 2010, Hungary's ICT market has grown 5% a year. In 2021, Hungary was 19th, overtaken by the Czech Republic with €14 billion. The UK, France, and Ireland were the top three countries in the ranking.
Hungary ICT Market Data and Forecasts
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