New Market Study, "Hungary Information Technology Report Q2 2013", Has Been Published
BMI View: Hungarian information technology (IT) spending is expected to show moderate growth in 2013, reaching HUF683bn, up from HUF636bn in total spending in 2012. Despite this projected growth, trading conditions remain challenging for IT vendors as household demand, business investment and government investment in IT products and services are restrained by deleveraging. Meanwhile, despite pent-up demand, the rapidly deteriorating crisis in the eurozone presents significant headwinds to business investment.
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