The data from 2023 highlights Italy leading with 2.02 thousand high-growth enterprises in the transportation and storage sector. Hungary follows with 1.08 thousand enterprises. Lithuania and Romania also perform well, with 0.817 and 0.628 thousand, respectively. Portugal, Czech Republic, Slovakia, Norway, Latvia, and Iceland show lower figures. Year-on-year growth in 2023 reveals Hungary at the forefront with 14.62% growth, while Latvia experienced an 11.5% decline. Other notable growth includes Portugal at 6.82% and Norway at 6.01%.
Looking forward, a focus on digital transformation, green logistics, and sustainable transportation practices will likely drive growth across Europe. Emerging technologies and policy shifts towards sustainability could alter the landscape for high-growth enterprises in this sector. Monitoring these trends will be crucial for strategic positioning and capturing market opportunities.
Top countries in Number of High Growth Enterprises in Transportation and Storage by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,020 | 2023 | +6.97% | +0.38% | View data |
| 2 | 2 Hungary | 1,080 | 2023 | +17.44% | +14.62% | View data |
| 3 | 3 Lithuania | 817 | 2023 | +10.41% | +2.47% | View data |
| 4 | 4 Romania | 628 | 2023 | +14.18% | +5.22% | View data |
| 5 | 5 Portugal | 598 | 2023 | +13.47% | +6.82% | View data |
| 6 | 6 Czech Republic | 557 | 2023 | +6.1% | +1.15% | View data |
| 7 | 7 Slovakia | 207 | 2023 | +5.61% | +0.29% | View data |
| 8 | 8 Norway | 166 | 2023 | +12.16% | +6.01% | View data |
| 9 | 9 Latvia | 103 | 2023 | -15.83% | -11.5% | View data |
| 10 | 10 Iceland | 19 | 2023 | +11.76% | +2.25% | View data |
