Industry Statistics and Rankings
How does this industry perform in Hungary compared to Europe?
Country Benchmarking
Industry Data Hungary
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#12 In EuropeBusiness
#12 In EuropeEmployees
#11 In EuropeWages
#19 In EuropeSimilar to other repair industries, the Computer and Communication Equipment Repair industry is countercyclical, meaning companies receive greater demand and expand revenue during economic downturns. The pandemic hit revenue and profitability of computer repairers through repeated retail store closures, heightened transportation costs and operational expenses.
Enterprises
Number of businesses in 2024
Biggest companies in the Computer & Communication Equipment Repair in Hungary
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Hitachi Ltd | 8,650.0 | 620.0 | 7.2 | |
LG Electronics Inc | 64,270.0 | 2,640.0 | 4.1 |
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Top Questions Answered in this Report
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What is the market size of the Computer & Communication Equipment Repair industry in Hungary in 2024?
The market size of the Computer & Communication Equipment Repair industry in Hungary is €257.0m in 2024.
How many businesses are there in the Computer & Communication Equipment Repair in Hungary industry in 2024?
There are 1,637 businesses in the Computer & Communication Equipment Repair industry in Hungary, which has grown at a CAGR of 0.6 % between 2019 and 2024.
Has the Computer & Communication Equipment Repair industry in Hungary grown or declined over the past 5 years?
The market size of the Computer & Communication Equipment Repair industry in Hungary has been declining at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Computer & Communication Equipment Repair industry in Hungary over the next 5 years?
Over the next five years, the Computer & Communication Equipment Repair industry in Hungary is expected to grow.
What are the biggest companies in the Computer & Communication Equipment Repair market in Hungary?
The biggest companies operating in the Computer & Communication Equipment Repair market in Hungary are Hitachi Ltd and LG Electronics Inc
What does the Computer & Communication Equipment Repair in Hungary include?
Desktop and laptop computer repair and Storage device repair are part of the Computer & Communication Equipment Repair industry.
Which companies have the highest market share in the Computer & Communication Equipment Repair in Hungary?
The company holding the most market share in Hungary is Hitachi Ltd.
How competitive is the Computer & Communication Equipment Repair industry in Hungary?
The level of competition is high and steady in the Computer & Communication Equipment Repair industry in Hungary.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Computer & Peripheral Equipment Manufacturing in Hungary
- Electrical Equipment Repair in Hungary
- Household Appliance & Garden Equipment Repair in Hungary
International industries
Table of Contents
About this industry
Industry definition
Companies in the industry repair and maintain computers, computer equipment and communication devices. They repair computers, computer peripherals, tablets, gaming consoles, public machines (e.g. ATMs and cash registers), cordless and mobile phones, carrier equipment modems, two-way radios, commercial TVs, video cameras and fax machines.
Related Terms
WARRANTYPRECISION EQUIPMENTPERIPHERALAUGMENTED REALITYVIRTUAL REALITYWhat's included in this industry?
Desktop and laptop computer repairStorage device repairPortable electronic device repairSpecialised computer repairPrinter, scanner and server repairCommunication equipment repairCompanies
Hitachi LtdLG Electronics IncIndustry Code
951 - Repair of computers and communication equipment in Hungary
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Computer & Communication Equipment Repair in Hungary industry?
Outlook
Analysis
What's driving the Computer & Communication Equipment Repair in Hungary industry outlook?
Volatility
Analysis
What influences volatility in the Computer & Communication Equipment Repair in Hungary industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Computer & Communication Equipment Repair in Hungary industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Technological developments threaten specialised equipment repair. The move towards contactless payments reduces the use of ATMs and cash machines, diminishing the need for specialised machine repair and creating a barrier to growth.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Computer & Communication Equipment Repair in Hungary industry's products and services performing?
Analysis
What are innovations in the Computer & Communication Equipment Repair in Hungary industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Computer & Communication Equipment Repair in Hungary industry?
International Trade
Highlights
- Total Imports into Hungary
- Total Exports into Hungary
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Specialised repair companies leverage expertise to gain an advantage. Repair companies specialising in specific areas or skills can charge more for their expertise, giving them a competitive advantage.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Computer & Communication Equipment Repair in Hungary located?
Companies
Data Tables
Top 2 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
The EU is supporting the industry via regulations. In March 2023, the European Commission established the Right to Repair regulations, requiring manufacturers of longer-lasting appliances to produce spare parts.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Computer & Communication Equipment Repair in Hungary industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
The bigger repair companies prop up profitability. Their economies of scale, huge purchasing power, loyal customer base and superior access to equipment and technical know-how keep returns strong.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Computer & Communication Equipment Repair in Hungary industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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