There are 23 Companies in Hungary
that provide Facebook 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. 

While scrolling through your Facebook feed, you have happened to notice more than once among your friends' posts, funny videos, and maybe some news, something else: advertisements. Those ads are called Facebook Advertising and are important for businesses of all sizes to reach their target audience and achieve their marketing goals.

Facebook Advertising is a type of social media marketing that can be also used for

• Brand awareness

• Lead generation

• Website Traffic 

• Sales.

According to a recent study by Statista, Facebook generated over $113 billion in advertising revenue in 2022, making it the largest advertising platform in the world, ahead of Google and Amazon.

There are many different types of Facebook ads and the most popular are:

• Text ads that use straightforward text 

• Image ads that use images to capture attention

• Video ads that use videos to tell a story or explain a product or service

• Carousel ads that allow businesses to show multiple images or videos in a single ad

• Collection ads that present a variety of products or services in a single ad

Facebook advertising can be created and managed by businesses themselves, or by social media marketing agencies. 

On TechBehemoths there are more than 6614 companies that provide Facebook ads solutions.

Feel free and explore their profiles, and check their reviews. Use the filters we have created to narrow down the list of companies that can help you with your Facebook ads. Also, you can submit your project and our team will do the research instead of you.

Once you've narrowed down your choices, meet with the agencies in person to get a feel for their team and their approach to Facebook advertising.  If you have a good feeling about them, that's a great sign.

We also invite you to our blog to discover How to make your Facebook headlines AD personal and How Facebook makes Money From Advertising.

As we see Facebook advertising is a powerful tool, so use it!