Hungary IT Services Market 2012–2016 Forecast and 2011 Analysis

This IDC study contains data and analysis of the IT services market in Hungary, summarizes the major impacts indicated in IDC's qualitative and quantitative surveys of end users conducted in H1 2012, and presents forecasts for 13 foundation market categories and for IT services spending by vertical market.

The study answers the following questions:

• What are IDC's forecasts for spending on IT services in Hungary? What are the assumptions behind IDC's forecast numbers? What impact will these assumptions have on market forecasts?
• What do end users say about their concerns and preferences regarding IT services procurement?
• What are the latest trends in IT services delivery in Hungary, such as managed services and outsourcing?

"Whereas Hungarian enterprises had positive expectations regarding the economy in 2011, their outlook this year has become more conservative. The primary business goal of most companies is to maintain previous revenue levels, while also increasing profitability at least slightly. This business environment has resulted in IT being considered either as a cost center or as an instrument for lowering corporate costs. Thus, IT services spending has been cut further, and approved IT investments remain primarily aimed at cost efficiency." – Senior Research Analyst Balicza Gabor, IDC Hungary