Hungary Information Technology Report - Business Monitor International - Industry Reports

Hungary Information Technology Report

Hungary Information Technology Report - Business Monitor International - Industry Reports
Hungary Information Technology Report
Published Aug 13, 2016
71 pages — Published Aug 13, 2016
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Abstract:

The forint is expected to become stronger in ----, compared to the disruption of ---- when it depreciated against the US dollar to an average of HUF---/USD from HUF---/USD in ----. This will be supportive of slightly better IT market dynamics, with our forecast envisaging local currency spending growth of -.- in ---- to HUF---.-bn. The market will, however, contract again in US dollar terms due to depreciation, with a contraction of -.- forecast. Again it will be the hardware segment that is most affected by the trend of depreciation, though even here there will be a marked improvement, with a return to growth in local currency terms and a contraction of -.- in US dollar terms, as compared to a contraction of over -- in ----. In ----, desktop, notebook and tablet shipments contracted as households cut back on purchases, while consumers also substituted for cheaper models as affordability in forints was eroded. ...In ----, desktop, notebook and tablet shipments contracted as households cut back on purchases, while consumers also substituted for cheaper models as affordability in forints was eroded.

...Computer Hardware Sales: HUF---bn in ---- to HUF---bn in ----, a compound annual growth rate (CAGR) of -.- in local currency terms. There is pent-up replacement spending waiting to be unlocked, which should occur from ---- and boost retail PC spending, but potential cannibalisation of notebook and tablet sales by increasingly powerful smartphones presents downside. ...Computer Hardware Sales: HUF---bn in ---- to HUF---bn in ----, a compound annual growth rate (CAGR) of -.- in local currency terms. There is pent-up replacement spending waiting to be unlocked, which should occur from ---- and boost retail PC spending, but potential cannibalisation of notebook and tablet sales by increasingly powerful smartphones presents downside. Software Sales: HUF---bn in ---- to HUF---bn in ----, a CAGR of -.- . ...IT Services Sales: HUF---bn in ---- to HUF---bn in ----, a CAGR of -.- . IT Enterprise demand for cost-saving solutions such as outsourcing and cloud computing will drive the services segment, even as economic pressures become less intense as growth strengthens.

...Relatively low penetration of mobile computing devices means that tablet and hybrid notebook sales could see rapid growth as the economy recovers, particularly from ---- onwards. Low penetration for enterprise software, including enterprise resource planning, customer relationship management and supply chain management, means a potential growth market for vendors, particularly as software-as-a-service development deepens the market. ...

  
Source:
Document ID
1750-5054
Country
Industry
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Hungary Information Technology Report" Aug 13, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Information-Technology-Report-2026-220>
  
APA:
Business Monitor International - Industry Reports. (2016). Hungary Information Technology Report Aug 13, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Information-Technology-Report-2026-220>
  
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