Industry 4.0 has penetrated through production and manufacturing industry into trade and services in the last couple of years. At another dimension it was first introduced in capital-strong large companies and infiltrated down to small-and medium-sized companies throughout the years. By now the use of Industry 4.0 is inevitable while the introduction and deployment is still capital intensive. The present research investigates the barriers and possibilities of Industry 4.0 among SMEs in Hungary and reveals the areas where the familiarity and satisfaction with I4. 0 are different. The research uses quantitative analyses and concludes that despite the fact that SMEs needs to acquaint more with Industry 4.0 and be trained more, the different sectors apply I4. 0 elements where it is the most applicable,‘middleaged’SMEs (between 6 and 11) need more support while mediumsized ‘aged’SMEs are the most prepared for Industry 4.0. The research reveals that cloud computing is the most used followed by IoT, and the