Key Market Indicators
Swedish software revenue is projected to climb to approximately €7.7 billion by 2028, up from around €5.9 billion in 2023. This represents an average annual growth rate of 4.3%. Since 2013, the Swedish market has experienced an impressive average annual increase of 10.9%. In 2023, Sweden held the second position in the European software revenue rankings, although France surpassed it with revenues also totaling about €5.9 billion. Following Sweden in the rankings were the United Kingdom and Cyprus, securing the third and fourth spots, respectively.
