The number of high growth enterprises in software publishing in Europe shows a varied landscape across different countries. In 2023, Hungary led with 50 enterprises, followed by Norway with 36 and Romania with 28. The Czech Republic had 25, Portugal 18, Italy 16, and both Lithuania and Iceland had just 1 enterprise each. Overall, positive growth is observed, particularly in Hungary with an 18.95% year-on-year increase and Norway with a 12.47% increase. Some countries exhibited moderate growth such as the Czech Republic at 10.76% and Italy at 7.78%. However, Lithuania faced a sharp decline of 100%, while Iceland remained stagnant.
Future trends to watch include continued growth driven by digital transformation and government support for tech innovation. Emerging markets within Eastern Europe like Hungary and the Czech Republic are anticipated to sustain their growth momentum while countries showing lower growth might need strategic interventions to boost their software publishing enterprises. Monitoring shifts in investment climates and technological advancements will be crucial for understanding future dynamics in this sector.
Top countries in Number of High Growth Enterprises in Software Publishing by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 50 | 2023 | +21.95% | +18.95% | View data |
| 2 | 2 Norway | 36 | 2023 | +16.13% | +12.47% | View data |
| 3 | 3 Romania | 28 | 2023 | +7.69% | +5.92% | View data |
| 4 | 4 Czech Republic | 25 | 2023 | +8.7% | +10.76% | View data |
| 5 | 5 Portugal | 18 | 2023 | 0% | +5.92% | View data |
| 6 | 6 Italy | 16 | 2023 | +6.67% | +7.78% | View data |
| 7 | 7 Lithuania | 1 | 2023 | -100% | View data | |
| 8 | 8 Iceland | 1 | 2023 | 0% | View data |
