Key Market Indicators
Norwegian computer hardware revenue is projected to decline to €45 million by 2028, down from €51 million in 2023. This marks an average annual decrease of 2%. Despite this downturn, the market had previously seen a 2.4% year-on-year increase since 2015. In 2023, Norway ranked 22nd globally, with Bulgaria slightly ahead at €51 million. Leading the rankings were Germany, the United Kingdom, and Italy, occupying the second, third, and fourth spots, respectively. On the import front, Norwegian computer hardware imports are expected to rise to $357 million by 2028 from $346 million in 2023, reflecting an average annual growth rate of 0.5%. Since 1998, the demand for computer hardware in Norway has increased by 0.7% per year. Conversely, the country's computer hardware exports are anticipated to decrease to $55 million by 2028, down from $57 million in 2023, representing a 0.3% average annual decline. Norwegian supply has seen a 0.4% annual reduction since 1998.
