Forecast: Turnover of Software Publishing in Norway

The turnover of software publishing in Norway stood at €2.14 billion in 2023. The forecasted turnover for the years 2024 to 2028 shows a very slight year-on-year increase, with the turnover expected to reach €2.15 billion in 2024 and 2025, and €2.16 billion from 2026 to 2028. This consistent incremental growth suggests stability in the market with a CAGR of approximately 0.28% over the five-year period.

Future trends to watch for:

• The impact of emerging technologies such as artificial intelligence and machine learning on software demand.

• Changes in regulatory environments within the European Union that may affect software publishing operations.

• The increasing shift towards subscription-based software models, which could influence revenue dynamics.

• The role of cybersecurity concerns in influencing software development priorities.