The employment in ICT and Information Services in Norway is on an upward trend. From 2024 to 2028, the sector is expected to grow from 54.9 thousand units to 59.3 thousand units. The year-on-year growth is consistent, with approximately a 2% increase per year. Employment in 2023 stood at 53.8 thousand units, signifying a solid growth trajectory. Over the last two years (2022-2023 and 2023-2024), the sector experienced a substantial increase of over 2% annually. The CAGR over the five-year period from 2024 to 2028 is around 1.95%, indicating steady expansion.
Future trends to watch for:
- Technological advancements driving demand for skilled ICT professionals.
- Increased investment in digital infrastructure.
- Potential impacts of global economic fluctuations on local employment rates.