In 2023, Slovakia leads with a 7.45% share of young high growth enterprises (Gazelles) in the ICT sector, followed by Hungary at 6.53%. Latvia and Lithuania trail behind with 5.35% and 5.17%, respectively. Other countries like Iceland and Portugal show moderate shares, while Italy and Norway depict minimal shares below 1%. Despite these standings, variations over the last two years are not provided, nor is a Compound Annual Growth Rate (CAGR) available for these countries, making longer-term trend analysis challenging.
Future trends to watch include:
- Technological advancements that could stimulate the creation of more Gazelles across Europe.
- Policy changes and support initiatives aimed at nurturing high-growth startups in ICT sectors.
- Potential market shifts due to evolving digital demands and innovation.
Top countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in ICT by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Slovakia | 7.45 | 2023 | View data |
| 2 | 2 Hungary | 6.53 | 2023 | View data |
| 3 | 3 Latvia | 5.35 | 2023 | View data |
| 4 | 4 Lithuania | 5.17 | 2023 | View data |
| 5 | 5 Iceland | 4.21 | 2023 | View data |
| 6 | 6 Portugal | 3.41 | 2023 | View data |
| 7 | 7 Romania | 2.66 | 2023 | View data |
| 8 | 8 Czech Republic | 2.65 | 2023 | View data |
| 9 | 9 Italy | 1.01 | 2023 | View data |
| 10 | 10 Norway | 0.39 | 2023 | View data |
