The value added of the computer programming and consultancy sector in Sweden has shown strong historical growth, peaking in 2019 with a year-on-year variation of 17.53%. Despite a slowdown in growth from 2020 onward, the sector continued to expand at a steady pace, reaching 205.34 billion SEK in 2023. The compound annual growth rate (CAGR) over the last five years was 5.37%. Future estimates predict a more moderate growth rate, with a forecasted CAGR of 2.2% through to 2028.
Future trends to watch for:
- Increased automation and AI integration in programming and consultancy services.
- Growing emphasis on cybersecurity solutions due to rising digital threats.
- Expansion of cloud-based services and remote work solutions, driven by post-pandemic changes in work environment.
- Enhanced focus on sustainability and green IT solutions, aligning with global environmental goals.