BMI View: Romania is a growing IT market and an increasingly important regional production centre forsoftware and services. The local market has greater growth potential than most in Europe due to relativelylow levels of device and penetration solutions, though demographics and technology trends weigh on thehardware outlook. Meanwhile the domestic IT industry has a strong outlook and is already a leadingnearshoring centre for software development, and of growing importance to the economy as a whole andexport earnings.
Latest Updates And Industry Developments
Hardware Sales: From RON3.7bn in 2017 to RON3.9bn in 2021, corresponding to a compound annualgrowth rate (CAGR) of 0.9%. The cannibalisation of tablet and low-end notebook use cases, as well asdemographic trends, will weigh on retail PC spending over the medium term.