The turnover in the software publishing sector in Norway is set to increase steadily from 25.2 billion NOK in 2024 to 27.57 billion NOK by 2028. As of 2023, the turnover stood at 24.6 billion NOK. The year-on-year variation shows consistent growth: 2.38% from 2024 to 2025, 2.33% from 2025 to 2026, 2.23% from 2026 to 2027, and 2.15% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is approximately 2.25% per year.
Future trends to watch for:
- Increasing demand for cloud software solutions
- Growth in AI and machine learning applications
- Expansion of cybersecurity measures
- Adoption and integration of big data analytics in various sectors