The IT services sector in Denmark demonstrated a steady upward trend in employment from 42,000 persons in 2013 to 67,000 persons in 2023. The sector exhibited considerable year-on-year variations, peaking notably in 2022 with an 8.62% increase. Key growth periods included 2016 and 2021, with respective year-on-year gains of 6.82% and 7.41%. The CAGR over the past five years was a robust 6.03%, illustrating sustained sectorial expansion.
Looking forward, projections indicate continued growth in employment, reaching 77,000 persons by 2028. However, the average annual growth rate is expected to moderate, with a forecasted five-year CAGR of 1.92% and an overall growth rate of 10% through 2028.
Future trends to watch for include:
- Impact of emerging technologies such as AI and blockchain on job creation.
- Potential labor market shifts due to automation and digital transformation.
- Changes in education and skills-training programs to meet sector demands.
- Influence of regulatory changes and economic policies on employment growth.
