In 2023, the value added of ICT and Information Services in Norway stood at 71.47 Billion Norwegian Krones. From 2024 to 2028, the value is forecasted to increase annually, with a year-on-year growth rate showcasing a steady increase. Specifically, in 2024 the value reaches 73.39 Billion, in 2025 it is 75.39 Billion, in 2026 it increases to 77.35 Billion, by 2027 it is 79.27 Billion, and in 2028 it is projected to be 81.16 Billion. The Compound Annual Growth Rate (CAGR) over these five years is indicative of a robust upward trend across the sector.
Future trends to watch for include technological advancements, the expansion of digital infrastructure, increased demand for digital services, and potential governmental policies supporting ICT growth. Additionally, the evolution of artificial intelligence, cybersecurity demands, and the integration of ICT in various industries will likely fuel further sector growth.
