Key Market Indicators
Finnish software revenue is projected to hit €4.9 billion by 2028, up from €3.8 billion in 2023. This reflects an average annual growth rate of 3.9%. Since 2014, the Finnish market has seen a consistent year-on-year increase of 5.5%. In 2023, Finland secured the fifth spot in the European software revenue rankings. Cyprus surpassed Finland with revenues of €3.8 billion, placing fourth. Sweden and the United Kingdom took the second and third positions, respectively.