The IT services sector in Sweden has seen a steady growth from 2013 to 2023, increasing from 100,000 to 140,000 employees. This represents an average annual growth of 2.19% in the last two years and a compound annual growth rate (CAGR) of 3.13% over the past five years. The forecasted data from 2024 to 2028 indicates a projected growth rate of 8.39% over the next five years, with an annual CAGR of 1.62%, suggesting a gradual but consistent increase in employment. Noteworthy variations occurred in 2014, 2017, and 2021 when the year-on-year growth peaked significantly.
Future trends to watch include:
- Continued digitization and adoption of new technologies.
- Increased demand for cybersecurity professionals.
- Growth in remote and hybrid work models impacting hiring strategies.
- Expansion of AI, data analytics, and cloud services driving job creation.
