The European IT hardware wholesale sector has seen varying levels of high growth enterprise shares across countries in 2023. Italy leads with 44.94 enterprises, reflecting a 5.73% year-on-year growth. Hungary follows at 14.63 units, with a significant 14.6% increase. The Czech Republic stands at 11.46 with a 4.56% rise. Noticeable growth is observed in Portugal and Lithuania, with 7.01% and 3.86% increases, respectively. Latvia and Slovakia show notable progress at 14.87% and 9.24%. Conversely, Norway experiences a slight decline of 1.47%, while Romania remains low at 3.17 units, with a 1.15% growth.
Future trends to watch include the potential for further expansion in Eastern European markets and a focus on technological innovation. Italy is expected to maintain its lead, while countries like Latvia and Hungary may continue their strong growth trajectory, driven by increased digital investments and infrastructure enhancements. Monitoring these dynamics will provide insights into emerging opportunities and shifts in the IT hardware wholesale landscape across Europe.
Top countries in Number of High Growth Enterprises in IT Hardware Wholesale Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44.94 | 2023 | +8.97% | +5.73% | View data |
| 2 | 2 Hungary | 14.63 | 2023 | +16.9% | +14.6% | View data |
| 3 | 3 Czech Republic | 11.46 | 2023 | +4.84% | +4.56% | View data |
| 4 | 4 Portugal | 8.28 | 2023 | +11.9% | +7.01% | View data |
| 5 | 5 Lithuania | 5.11 | 2023 | +7.41% | +3.86% | View data |
| 6 | 6 Romania | 3.17 | 2023 | 0% | +1.15% | View data |
| 7 | 7 Latvia | 2.82 | 2023 | 0% | +14.87% | View data |
| 8 | 8 Slovakia | 2.47 | 2023 | +7.69% | +9.24% | View data |
| 9 | 9 Norway | 2.29 | 2023 | 0% | -1.47% | View data |
