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
#16 In EuropeBusiness
#9 In EuropeEmployees
#11 In EuropeWages
#18 In EuropeThe Information and Communication Equipment retailing industry has benefitted from the digitisation of economies across Europe, with businesses expanding on their online offerings to capitalise on the growing e-commerce market. Despite this, numerous economic headwinds still plague growth, ranging from a tightening cost of living to rising purchase costs from upstream suppliers. Revenue is anticipated to fall at a compound annual rate of 5.8% over the five years through 2024 to €113.1 billion, including an estimated decline of 4.6% in 2024, while the average industry profit margin is forecast to be 6.5%.
Enterprises
Number of businesses in 2024
Biggest companies in the Information & Communication Equipment Retailing in Hungary
Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
---|
There are no companies that hold a large enough market share in the Information & Communication Equipment Retailing in Hungary industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Information & Communication Equipment Retailing industry in Hungary in 2024?
The market size of the Information & Communication Equipment Retailing industry in Hungary is €1.4bn in 2024.
How many businesses are there in the Information & Communication Equipment Retailing in Hungary industry in 2024?
There are 5,225 businesses in the Information & Communication Equipment Retailing industry in Hungary, which has grown at a CAGR of 16.1 % between 2019 and 2024.
Has the Information & Communication Equipment Retailing industry in Hungary grown or declined over the past 5 years?
The market size of the Information & Communication Equipment Retailing industry in Hungary has been declining at a CAGR of 1.0 % between 2019 and 2024.
What is the forecast growth of the Information & Communication Equipment Retailing industry in Hungary over the next 5 years?
Over the next five years, the Information & Communication Equipment Retailing industry in Hungary is expected to grow.
What does the Information & Communication Equipment Retailing in Hungary include?
Computers and Audio and video equipment are part of the Information & Communication Equipment Retailing industry.
How competitive is the Information & Communication Equipment Retailing industry in Hungary?
The level of competition is low and steady in the Information & Communication Equipment Retailing industry in Hungary.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Computer, Peripheral Equipment & Software Wholesaling in Hungary
- Computer, Peripheral Equipment, Software & Telecommunications Equipment Retailers in Hungary
Complementors
- Wired Telecommunications Services in Hungary
- Wireless Telecommunications Services in Hungary
- Data Processing & Hosting Services in Hungary
Table of Contents
About this industry
Industry definition
The industry includes the retail sale of information and communications equipment like computers and peripheral equipment, telecommunications equipment and consumer electronics.
Related Terms
PRE-PAYPOST-PAYSMARTPHONEWhat's included in this industry?
Computers Audio and video equipment Telecommunication equipmentCompanies
Industry Code
474 - Retail sale of information and communications equipment in specialized stores in Hungary
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- 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 Information & Communication Equipment Retailing in Hungary industry?
Outlook
Analysis
What's driving the Information & Communication Equipment Retailing in Hungary industry outlook?
Volatility
Analysis
What influences volatility in the Information & Communication Equipment Retailing in Hungary industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Information & Communication Equipment Retailing in Hungary industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Demand for computers slows as businesses rein in spending. Amid inflationary pressures and muted economic growth, businesses delayed investment to expand their IT capabilities, hurting computer demand.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Information & Communication Equipment Retailing in Hungary industry's products and services performing?
Analysis
What are innovations in the Information & Communication Equipment Retailing in Hungary industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Information & Communication Equipment Retailing 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
Intense competition forces smaller retailers out. Larger retailers benefit from economies of scale when buying in bulk, allowing for more competitive pricing, which undercuts smaller players.
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 Information & Communication Equipment Retailing in Hungary located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Retailers contend with little regulation. Regulation is light in the industry. However, retailers must still adhere to regulations protecting workers right rights like the minimum wage.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Information & Communication Equipment Retailing in Hungary industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Supply chain disruptions increase purchase costs. Supply chain disruptions created severe shortages in key inputs for information and communication equipment, ratcheting up purchase costs and hitting profit.
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 Information & Communication Equipment Retailing 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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