Over the past decade, IT services output in Finland has experienced steady growth, starting at €7.87 billion in 2013 and reaching €18.09 billion in 2023. From 2013 to 2023, year-on-year variations fluctuated, peaking at 14.83% in 2017. The 5-year CAGR from 2018 to 2023 stands at 8.37%, indicating robust growth. The data from 2024 onwards are forecasted, with a prediction of the output reaching €25.13 billion by 2028. This forecast implies a slower, yet stable, yearly growth with a 5-year CAGR of 5.17% and an overall growth of 28.68% over this period.

Future trends to watch for:

Increasing demand for digital transformation and cloud services.
Potential disruption from emerging technologies like artificial intelligence and blockchain.
Strengthening of cybersecurity solutions in response to rising cyber threats.
Potential economic fluctuations impacting IT spending capabilities.