The computer consultancy services market in Denmark has shown a steady growth trend from 2013 to 2023. By the end of 2023, the turnover stood at 6.35 billion Euros. There has been a consistent year-on-year growth rate ranging from 2.79% to 11.56%, with the latest two years exhibiting stable growth rates of 3.56% in 2022 and 3.41% in 2023 respectively. The last 5-year CAGR indicates an average annual growth rate of 3.74%, suggesting a slight tapering but still positive growth trajectory.
Looking ahead to the forecasted data from 2024 to 2028, the annual turnover is expected to continue its growth, reaching 7.36 billion Euros by 2028. The projected 5-year CAGR from 2024 to 2028 is 2.36%, reflecting a modest yet consistent increase over this period with an overall growth rate of 12.35% for these five years.
Future trends to watch for:
- Increased demand for digital transformation services and cybersecurity consultancy.
- Expansion of cloud computing and related consultancy services.
- Shift towards AI and machine learning consultancy as businesses embrace advanced analytics.
- Potential market consolidation as major players merge or acquire smaller firms.
- Impact of international economic conditions and potential regulations on consultancy fees and services.
