The number of high growth enterprises in computer hardware in Turkey has shown fluctuations over the past decade. Between 2014 and 2019, the number of enterprises varied significantly, experiencing both decreases and increases. However, from 2020 onwards, there was a noticeable uptick in growth with figures maintaining a positive trend, especially in 2023 where there was a 20% year-on-year increase.
As of 2023, the number of high growth enterprises stood at 6 enterprises, indicating a strong upward trajectory. The compound annual growth rate (CAGR) over the last five years was notable at 14.87%, demonstrating substantial annual growth on average during this period.
Looking ahead, the forecast suggests a steady continuation of this upward trend, with a 3.13% forecasted five-year CAGR and an expected increase to 7 enterprises by 2028. This indicates a forecasted growth rate of 16.67% from 2023 to 2028, highlighting the sector's increasing dynamism.
Future trends to watch for include advancements in technology, increased investment in the sector, and potential government policies fostering innovation in computer hardware. These factors could further catalyze growth and solidify Turkey's position in the global market.
