In 2023, Germany led the European Computer Hardware sector with 17.34% of enterprises, followed by Slovakia at 16.32%, both showing notable size in the market. Slovakia is also the fastest growing, with a remarkable year-on-year growth of 24.2%. The United Kingdom (11.72%) and Poland (11.71%) also maintained significant shares but recorded slower or negative growth rates. Noteworthy declines are observed in Spain (-5.5%) and Lithuania (-9.25%), demonstrating regional variances in market health. The five-year CAGR could present insights into more stable trends, although recent fluctuations might impact this metric.
Future trends to watch include technological advancements, regulatory changes, and economic conditions affecting European markets. The rising trend in digital transformation and sustainable practices may drive new opportunities in the sector.
Top countries in Computer Hardware Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.34 | 2023 | -0.4% | +1.97% | View data |
| 2 | 2 Slovakia | 16.32 | 2023 | +22.36% | +24.2% | View data |
| 3 | 3 United Kingdom | 11.72 | 2023 | +0.24% | +0.55% | View data |
| 4 | 4 Poland | 11.71 | 2023 | +1.44% | -0.67% | View data |
| 5 | 5 Italy | 7 | 2023 | +1.6% | +3.3% | View data |
| 6 | 6 Spain | 5.7 | 2023 | -6.35% | -5.5% | View data |
| 7 | 7 Serbia | 4.5 | 2023 | -2.1% | -3.25% | View data |
| 8 | 8 Netherlands | 4.03 | 2023 | +3.18% | +3.15% | View data |
| 9 | 9 Czech Republic | 2.76 | 2023 | -2.44% | -3.58% | View data |
| 10 | 10 Croatia | 2.62 | 2023 | -1.04% | -1.7% | View data |
