The Computer Programming, Consultancy, and Related Activities sector in Denmark has shown consistent year-on-year growth from 2013 to 2023, with values rising from 68.48 billion to 96.73 billion Danish Krones, representing an overall positive trend. The average annual growth rate (CAGR) over the last five years up to 2023 was 2.73%, indicating a steady if moderate increase. Particularly notable were the spikes in 2015 and 2019 with year-on-year growth rates of over 6% and 7%, respectively.
Moving forward, forecasted data suggest that the sector will continue its upward trajectory, reaching 104.65 billion Danish Krones by 2028. However, the projected 5-year CAGR of 1.25% indicates a relative deceleration in the growth rate compared to the previous five years.
Future trends to watch for include:
- Emerging technologies such as artificial intelligence, blockchain, and advanced analytics.
- Enhanced focus on cybersecurity and data privacy driving demand for consultancy services.
- Shifts towards remote and hybrid working models and their impact on IT infrastructure.
- Regulatory changes and their implications for compliance and tech consulting.