The 2023 data for the share of young high growth enterprises in advertising and market research shows significant variation across European countries. Lithuania leads with 6.04%, followed by Hungary at 4.03%, and Romania at 3.43%. Slovakia and Latvia are in the mid-range, while Portugal, Italy, Czech Republic, and Norway display notably lower shares. The overall trend exhibits geographical variability, with Eastern European countries generally outperforming their Western and Northern counterparts.
Future trends to watch include the potential for emerging markets to further increase their share through innovative strategies and digital transformation. Additionally, economic policies and funding opportunities targeting startups will crucially impact these growth dynamics.
Top countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Advertising and Market Research by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 6.04 | 2023 | View data |
| 2 | 2 Hungary | 4.03 | 2023 | View data |
| 3 | 3 Romania | 3.43 | 2023 | View data |
| 4 | 4 Slovakia | 2.25 | 2023 | View data |
| 5 | 5 Latvia | 2.11 | 2023 | View data |
| 6 | 6 Portugal | 1.85 | 2023 | View data |
| 7 | 7 Italy | 1.16 | 2023 | View data |
| 8 | 8 Czech Republic | 0.51 | 2023 | View data |
| 9 | 9 Norway | 0.29 | 2023 | View data |
