Hungary Information Technology Report Q3 2013 - New Market Research Report
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...
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