As of 2023, the IT services sector in Norway recorded an actual value of employee hours at 103.5 million. In 2024, the forecast shows an increase to 104.92 million hours, marking a year-on-year growth of approximately 1.37%. For 2025, an additional increase to 106.72 million hours is expected, translating to a 1.72% rise. The following years depict a steady upward trend: 108.16 million hours in 2026, 109.31 million in 2027, and 110.23 million by 2028, with annual growth rates of approximately 1.36%, 1.06%, and 0.84%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.26%.
Future trends to watch for include the impact of emerging technologies, such as AI and machine learning, which could significantly alter labor requirements. Additionally, the ongoing focus on digital transformation and remote work may further augment the demand for IT services, driving continuous growth in employee hours.
