Forecast: Value Added of ICT and Information Services in Denmark

In Denmark, from 2013 to 2023, the value added of ICT and Information Services has shown a steady increase. By 2023, this sector stood at 49.89 billion Danish Krones. While there were fluctuations in growth rates, significant upswings were observed in years like 2016 (8.63%) and 2021 (4.82%). More recently, the sector saw lower growth rates, with 2022 experiencing only a 0.63% increase and 2023 a modest 2.52%. The CAGR over the last five years remained at 2.6%. Looking ahead to 2028, the sector is projected to grow at an average annual rate of 1.72%, with an overall growth of 8.91%.

Future trends to watch for in Denmark's ICT and Information Services sector include the integration of AI and machine learning, the expansion of internet infrastructure, and the increasing importance of cybersecurity. Additionally, emerging technologies such as quantum computing and IoT may drive further innovation and growth.

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