Forecast: ICT Industry Share in GDP in Norway

The ICT industry share in Norway's GDP stood at 4.50% in 2023. Forecasted data indicates a steady rise from 2024 to 2028, reaching 4.91%. Year-on-year, the share increases by approximately 1.94% in 2025, 1.48% in 2026, 1.04% in 2027, and 1.03% in 2028. Over the last two years, the industry has seen a growth rate averaging 2.03% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be 1.38%.

Future trends to watch for include the increasing integration of digital technologies across various sectors, government initiatives to boost digital infrastructure, and a growing emphasis on cybersecurity. Additionally, emerging technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT) are expected to drive significant growth in the ICT sector.

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