Key Market Indicators
Slovak Computer Hardware Revenue is projected to surge to approximately €364 million by 2028, up from an estimated €297 million in 2023. This represents a compound annual growth rate (CAGR) of 3.2%. Notably, since 2013, the Slovak market has exhibited steady growth, averaging a 1.3% increase year on year. In 2023, Slovakia held the 10th position in the European computer hardware market rankings. Sweden marginally led the way with revenues also pegged at €297 million. Germany, the United Kingdom, and Italy occupied the second, third, and fourth spots, respectively. On the import front, Slovakia’s computer hardware imports are forecasted to climb to nearly $300 million by 2028, up from around $278 million in 2023. This reflects an average annual growth rate of 1.2%. Historically, since 1999, the country’s demand for computer hardware has grown at an average annual rate of 1.6%. Conversely, the export scenario paints a different picture. Slovak computer hardware exports are expected to decline to approximately $175 million by 2028, down from about $196 million in 2023. This equates to an average annual decrease of 1.8%. Since 1999, Slovakia's supply of computer hardware has been on a downward trend, decreasing by an average of 2% every year.
