The number of young high-growth enterprises in the computer programming and consultancy sector across Europe reveals Italy, Romania, Hungary, and the Czech Republic as the leading countries, with Italy being at the forefront with 18.49 units in 2023. Slovakia demonstrated the highest year-on-year growth in 2023 with a 37.97% rise, signaling a substantial increase in its dynamic sector. Conversely, Iceland remained stable, showing no change.
Future trends to observe include:
- Potential continued growth in Slovakia and the Czech Republic due to favorable economic conditions and increasing investments.
- Monitoring Romania and Hungary as their notable growth positions them as emerging hubs for tech enterprises.
- Assessing whether Italy can maintain its leadership position or if other countries will close the gap.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Computer Programming and Consultancy Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.49 | 2023 | +15.25% | +20.29% | View data |
| 2 | 2 Romania | 17.67 | 2023 | +20.37% | +17.52% | View data |
| 3 | 3 Hungary | 17.4 | 2023 | +20.75% | +22.71% | View data |
| 4 | 4 Czech Republic | 17.13 | 2023 | +18.87% | +33.24% | View data |
| 5 | 5 Portugal | 12.24 | 2023 | +9.76% | +10.35% | View data |
| 6 | 6 Slovakia | 10.88 | 2023 | +33.33% | +37.97% | View data |
| 7 | 7 Lithuania | 4.62 | 2023 | +6.25% | +5.51% | View data |
| 8 | 8 Latvia | 2.18 | 2023 | 0% | +51.57% | View data |
| 9 | 9 Norway | 1.09 | 2023 | 0% | +31.95% | View data |
| 10 | 10 Iceland | 0.54 | 2023 | 0% | 0% | View data |
