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Information & Communication Equipment Retailing in Hungary - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

HU-G474 March 2024 Factsheet

Revenue

€1.4bn

2019-2024 1.0 %
2024-2029 X.X %

Employees

13,717

2019-2024 14.9 %
2024-2029 X.X %

Businesses

5,225

2019-2024 16.1 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Information & Communication Equipment Retailing in Hungary market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

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 Europe
Business
#9 In Europe
Employees
#11 In Europe
Wages
#18 In Europe

View industry report for Europe

The 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%.

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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

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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-PAYSMARTPHONE

What's included in this industry?

Computers Audio and video equipment Telecommunication equipment

Companies

Industry Code

ISIC 2006

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.

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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.

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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.

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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.

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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. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.