In 2023, Romania led the European market with 3 gazelles in market research and public opinion polling, followed by Italy and Portugal with 2 each. Latvia, Czech Republic, and Lithuania each had 1. Romania experienced significant growth with a 24.57% increase, while Portugal saw the highest rise at 31.95%. Italy's gazelles grew by 14.87%, whereas Latvia, Czech Republic, and Lithuania saw no change. Over five years, there's an upward trend indicating a steady but varied increase across these countries.
Future trends to watch for include:
- The potential for growth acceleration in countries with currently lower numbers, like Latvia and Lithuania, as they adopt more agile methodologies.
- The impact of digitalization and technological advancement on expansion opportunities for gazelles, especially in leading markets like Romania and Portugal.
- Economic conditions and regulatory environments that might influence the ease of starting and scaling high growth enterprises.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Market Research and Public Opinion Polling by Country
| # | 6 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 3 | 2023 | +50% | +24.57% | View data |
| 2 | 2 Italy | 2 | 2023 | +100% | +14.87% | View data |
| 3 | 3 Portugal | 2 | 2023 | 0% | +31.95% | View data |
| 4 | 4 Latvia | 1 | 2023 | 0% | 0% | View data |
| 5 | 5 Czech Republic | 1 | 2023 | 0% | View data | |
| 6 | 6 Lithuania | 1 | 2023 | 0% | View data |
