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Wednesday 22 May 2013

Hungary Information Technology Report Q3 2013:Information Technology & Telecommunication Market Research Reports

Information Technology & Telecommunication Market Research Reports
Hungary Information Technology Report Q3 2013
May 22nd 2013, 00:00

BMI View: Hungarian information technology (IT) spending has continued to increase despite a difficult economic environment. The IT market has not, however, been immune, and the recession in 2012 and 2013 has proved a drag on spending growth as households and enterprises delay spending. We downgraded our forecast for 2013 in the Q3 2013 update as a result of domestic economic weakness and the potential impact of the ongoing eurozone crisis. Deferred investments will add to positive medium-term growth drivers to boost spending growth from 2014. Household spending on hardware has potential over the medium term, with PC penetration relatively …

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