In 2023, Hungary led with 4 high-growth enterprises in technical testing and analysis, followed by the Czech Republic with 3. Italy and Portugal each had 2, while Latvia, Romania, and Slovakia had 1 each. From 2022 to 2023, the Czech Republic saw a notable increase of 8.45%, while Portugal experienced a significant growth of 31.95%. Italy faced a decline of 7.79%, while Hungary, Latvia, Romania, and Slovakia remained stable.
Future trends to watch include:
- Potential growth in Portugal and the Czech Republic, which could prompt increased investment in technical testing industries.
- Stabilization or modest growth in countries with lower or stagnant numbers, such as Hungary and Latvia.
- Potential impact of European Union initiatives on innovation and business expansion for high-growth enterprises.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Technical Testing and Analysis by Country
| # | 7 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 4 | 2023 | 0% | View data | |
| 2 | 2 Czech Republic | 3 | 2023 | 0% | +8.45% | View data |
| 3 | 3 Italy | 2 | 2023 | 0% | -7.79% | View data |
| 4 | 4 Portugal | 2 | 2023 | 0% | +31.95% | View data |
| 5 | 5 Latvia | 1 | 2023 | 0% | View data | |
| 6 | 6 Romania | 1 | 2023 | 0% | View data | |
| 7 | 7 Slovakia | 1 | 2023 | 0% | View data |