Hungary Information Technology Q4 2018
IT spending is expected to grow steadily in Hungary throughout the forecast period over 2018-2022, mainly driven byenterprise investments in software and services solutions to support their expansion and modernisation plans. Software andservices are also the outperforming area of Hungary's IT industry through its expanding role as a nearshoring delivery centre. Thereare however, some important downside risks, chief among them the Fidesz party victory in the April 2018 election that couldembolden their agenda on migrants and state intervention with the media, which brings it into direct conflict with European Unionrules and principles.
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