Key Market Indicators
Hungary's computer hardware revenue is projected to decline to €786 million by 2028, down from €909 million in 2023. This marks an average annual decrease of 2.3%. Despite this downturn, the market had previously seen an average annual increase of 9.2% since 2013. In 2023, Hungary ranked fifth in Europe, with Italy surpassing it at €909 million. Germany, the United Kingdom, and Italy held the second, third, and fourth positions, respectively. On the import front, Hungary's computer hardware imports are expected to rise to $353 million by 2028, up from $327 million in 2023. This represents an average annual growth rate of 1.2%. Hungarian demand for computer hardware has seen a steady increase of 1.7% per year since 1997. Conversely, Hungary's computer hardware exports are anticipated to decline to $123 million by 2028, down from $153 million in 2023. This indicates a compound annual growth rate (CAGR) decline of 3.4%. Since 1997, the country's supply has been decreasing at an average rate of 3.5% per year.