The IT services sector in Norway showcased notable growth from 2023 to 2024, with the value standing at 191.68 billion Norwegian Krones in 2024 from a previous value of 181.28 billion in 2023, marking a 5.74% year-on-year increase. The forecast indicates consistent growth through 2028, with 2025 at 202.26 billion (5.54% YoY), 2026 at 212.72 billion (5.17% YoY), 2027 at 223.09 billion (4.88% YoY), and reaching 233.34 billion by 2028 (4.59% YoY). The Compound Annual Growth Rate (CAGR) over this period is projected at approximately 5.18%.
Future trends to watch for in the Norwegian IT services market include the increased adoption of cloud computing solutions, a focus on cybersecurity advancements, and a growing emphasis on artificial intelligence and machine learning applications. These areas are anticipated to drive significant innovation and further expansion within the sector.
