The Czech Republic showed strong growth in the European computer hardware turnover, standing at the highest share in 2023 with a 1.02% increase. Conversely, major markets such as Germany and the United Kingdom saw declines of -10.21% and -2.04%, respectively. Notable increases were observed in Hungary and Slovenia, with growth rates of 9.19% and 8.03%. France and Switzerland experienced significant downturns, especially Switzerland with a -24.36% decrease. The Spanish market contracted by -9.84%, demonstrating varied performance across the continent.
Looking ahead, several trends may shape the European computer hardware market:
- Further growth in emerging markets such as Hungary and Slovenia could redefine regional dynamics.
- The decline in established markets like Germany may prompt a restructuring of strategies to regain market growth.
- Technological advancements and increasing digitalization across industries could drive demand in underperforming regions.
- Economic and political factors, including Brexit and the EU's digital strategy, will continue to influence turnover shares.
Top countries in Computer Hardware Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 40.99 | 2023 | +3.16% | +1.02% | View data |
| 2 | 2 Germany | 17.1 | 2023 | +1.57% | -10.21% | View data |
| 3 | 3 United Kingdom | 10.97 | 2023 | -0.65% | -2.04% | View data |
| 4 | 4 Italy | 6.52 | 2023 | -0.54% | +1.05% | View data |
| 5 | 5 Hungary | 4.71 | 2023 | -2.72% | +9.19% | View data |
| 6 | 6 Poland | 3.36 | 2023 | -2.23% | -1.83% | View data |
| 7 | 7 Romania | 2.61 | 2023 | +4.89% | +0.16% | View data |
| 8 | 8 Serbia | 1.92 | 2023 | +0.92% | +3.12% | View data |
| 9 | 9 Sweden | 1.8 | 2023 | +7.84% | +0.53% | View data |
| 10 | 10 Slovakia | 1.54 | 2023 | +14.61% | +1.29% | View data |