There are 19 Companies in Hungary
that provide Advertising Services!

Hungary is an open economy where particular emphasis is placed on encouraging foreign direct investments. Partnership with potential investors is a national priority, special attention is paid to the needs of already existing companies, and to the further development of the business climate. 

Starting with 2010, Hungary has put a lot of effort into developing the IT sector. Some of the best steps in this direction are: 

• Tax modifications and incentive system related to R&D activities

• Strategic partnership for local IT companies, as well as government projects 

• A dual education system based on the tech industry’s needs

• Adjusted the economical climate to the latest requirements of Industry 4.0

In Hungary, the added value generated by the IT sector was 5,18 billion Euros in 2019, and compared with 2017 and 2018, grew by 5% and respectively 7%, which confirms the steady ground the national IT industry stands on. Additionally, Hungarian IT companies have access to the vast EU digital market, which allows them to export services across Europe. 

The most popular IT services provided by Hungarian companies are Software development, Software engineering, and Cyber Security. However, in the last several years’ local companies focused also on app development and knew an increasing number of projects in the AR and VR branches. 

Why you should work with Hungarian IT companies

Even though the digital market is dominated by foreign IT companies ( 66% ), there are also local companies that are striving in providing cutting-edge technology services, which may compete in some places with US, German, and UK companies. For central Europe, this represents a big step ahead and provides cheaper alternatives to the same services for potential customers. 

In 2019, the value of Hungarian exported IT services reached 1.95 billion euros or 8.2% of the entire export value of the country. The numbers are expected to grow significantly due to foreign direct investments in the sector, which also grew by 19% in 2019-2020 Q1.

What you should pay attention to when working with Hungarian IT companies

Hungarian IT companies are not the best-known on the international market, so far. However their increased potential lately may lead to a market boom in the central European market, and many potential customers could turn their attention to this progressive alternative. But the main challenge the companies will possibly face is a lack of experience in working with big projects. In its turn, the lack of experience can lead to poor project management, late project delivery, or even poorly executed projects. 

How reliable are Hungarian IT companies

Hungarian IT companies don’t have a reputation for providing services in IT, which can turn both as an advantage and disadvantage for the companies. Depending on how well local IT companies will start performing on a larger scale, the reliability of companies will be appreciated. 

How does the Hungarian IT sector relate to the neighboring countries

The V4 countries are working together in many areas including in the IT sector. Companies from these countries benefit from facilities and eased access on national markets, but, they also compete. 

In these regards, Hungary is the 2nd growing country in the IT sector in the group of 4, straight after Poland, which already took the lead with an advantage of 35%. 

Outside the V4 group, Romania and Ukraine are also countries that are direct competitors with the Hungarian IT sector. It is still uncertain whether Hungary, Ukraine, Poland, or Romania will become the largest central-European hub in the EU, and generally, in Europe. 

Advertising services encompass a wide range of solutions designed to promote businesses, products, or services to a target audience through various channels. These services include traditional advertising such as print, radio, and television, as well as digital advertising, which includes online platforms like social media, search engines, display ads, and email marketing.

Advertising also involves creative services like graphic design, copywriting, and video production to craft compelling campaigns that resonate with the audience.

According to Zippia, Google has the largest market share of ad spending, with 27.7%. The same source states that Facebook and Amazon are in the second and third positions with 24.2% and 13.3% respectively. As for the US market, TV accounts for 40% of all American ad spending. 

Getting advertising services for your business implies two options, either an in-house team of marketers and advertisers or leaving this task to specialized IT companies in providing this service.

By taking advantage of Advertising services from a specialized IT company or a digital agency, businesses can reap numerous benefits. First and foremost, partnering with experts in the field ensures that the advertising strategies are well-planned, data-driven, and aligned with the organization's goals. These professionals have a deep understanding of different advertising channels and consumer behavior, enabling them to create tailored campaigns that maximize reach and engagement.

Furthermore, advertising professionals stay up-to-date with the latest trends and technologies in the advertising industry. This means that businesses can leverage cutting-edge tools, analytics, and platforms to optimize their advertising efforts and achieve better results. With specialized expertise at their disposal, businesses can navigate the complexities of the advertising landscape more effectively and make informed decisions to achieve a higher return on investment (ROI).

Choosing the best Advertising service provider for a project is a critical decision that can significantly impact the success of the advertising campaigns. Consider the following criteria to make an informed choice:

• Expertise and Track Record: Look for providers with a proven track record in delivering successful advertising campaigns. Assess their experience in handling projects similar to yours and their ability to target the specific audience you aim to reach.
• Full-Service Capabilities: Consider whether the provider offers a comprehensive suite of advertising services, including digital advertising, creative design, content creation, and campaign management. A full-service approach ensures seamless integration and consistency in your advertising efforts.
• Data-Driven Approach: Evaluate the provider's ability to leverage data and analytics to inform advertising strategies. Data-driven decisions can lead to more effective targeting, better audience insights, and improved campaign performance.
• Industry Knowledge: Choose a provider with a deep understanding of your industry and target market. Industry-specific insights can lead to more relevant and compelling advertising campaigns.

TechBehemoths.com is a powerful resource for finding the best advertising companies for your projects. With over 15,000 companies listed on the platform providing advertising services across 93+ countries, TechBehemoths.com simplifies the search process. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers.

Two reasons why you should use TechBehemoths to find the right Advertising service provider for your needs:

• Extensive Network of Advertising Companies: TechBehemoths.com offers a vast directory of advertising companies from various countries and regions. This allows you to explore a diverse set of options, consider their expertise, and find a provider that aligns with your specific project requirements.
• Verified Information and Reviews: TechBehemoths.com ensures reliable and unbiased information. The platform features detailed company profiles, client reviews, and ratings, providing insights into the capabilities and quality of services offered by different providers.