In 2023, Italy led with 33.56% of high growth enterprises in technical testing and analysis across European countries studied, showing a slight increase of 0.5% from 2022. Hungary followed with a significant increase of 21.76%, reaching 25.24% in 2023. The Czech Republic recorded a 4.64% decline to 15.53%. Slovakia and Romania recorded increases of 4.18% and 7.89% respectively, while Portugal and Lithuania faced decreases. Latvia and Norway both saw a 12.94% decrease. Iceland maintained its minimal share with no change.
Future trends to watch include:
- Potential growth acceleration in Hungary due to recent significant gains.
- Italy's expansion strategies to maintain its leading position.
- Recovery or continued decline in Latvia and Norway's shares.
- Emerging opportunities in Eastern Europe, particularly Romania.
Top countries in Number of High Growth Enterprises in Technical Testing and Analysis Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33.56 | 2023 | +0.83% | +0.5% | View data |
| 2 | 2 Hungary | 25.24 | 2023 | +19.74% | +21.76% | View data |
| 3 | 3 Czech Republic | 15.53 | 2023 | -1.75% | -4.64% | View data |
| 4 | 4 Slovakia | 7.49 | 2023 | +3.85% | +4.18% | View data |
| 5 | 5 Portugal | 5.55 | 2023 | -4.76% | -3.98% | View data |
| 6 | 6 Romania | 5.27 | 2023 | +18.75% | +7.89% | View data |
| 7 | 7 Lithuania | 3.61 | 2023 | 0% | -6.3% | View data |
| 8 | 8 Latvia | 1.66 | 2023 | -25% | -12.94% | View data |
| 9 | 9 Norway | 0.28 | 2023 | 0% | -12.94% | View data |
| 10 | 10 Iceland | 0.28 | 2023 | 0% | 0% | View data |
