Forecast: Employment in ICT Sector in Finland

The employment in the ICT sector in Finland has seen a consistent upward trend over the past decade, growing from 159.3 million hours in 2013 to 193.4 million hours in 2023. From 2021 to 2023, the year-on-year growth rates were 3.65%, 1.55%, and 1.52%, respectively. The Compound Annual Growth Rate (CAGR) over the past five years stands at 1.95%. Forecast data suggests that by 2028, the sector will reach 207.6 million hours, with a projected 5-year CAGR of 1.13%.

Future trends to watch for include:

• Continued growth fueled by digital transformation and technological advancements.
• Potential impacts of global economic conditions and policy changes on the labor market.
• The emergence of new ICT-related roles and required skill sets in response to evolving technologies.