The wages and salaries in software publishing in Sweden stood at 11.10 Billion Swedish Kronas in 2023. Over the last decade, there has been a consistent upward trend, with notable annual growth in earlier years peaking in 2015 (19.51%) and moderating to around 2.6% in recent years. The Compound Annual Growth Rate (CAGR) has decelerated from 9.62% in 2017 to 2.6% by 2023.
Looking forward, the forecast from 2024 to 2028 anticipates a continued, albeit slower, growth trajectory. The average annual growth rate (CAGR) for this period is projected to be 1.77%, accumulating to a forecasted 12.42 Billion Swedish Kronas by 2028, marking a total growth of 9.19% over the five years.
Future trends to watch for include:
- Impact of automation and artificial intelligence on job roles and associated salaries.
- Potential effects of macroeconomic conditions on wage growth.
- Changes in industry demand and the global competitive landscape.