Forecast: Turnover of Data Centers and Web Portals in Finland

Over the past decade, the turnover of data centers and web portals in Finland has depicted a robust upward trend, growing from 844.7 million Euros in 2014 to 2260 million Euros by 2023. This marks a significant growth and reflects an increasingly digital economy. Notable year-on-year variations include a 30.83% increase in 2015, a 44.22% surge in 2016, a decline of 11.25% in 2018, and drops in 11.94% in 2020. The YoY growth for 2023 stood at 9.19%, indicating recovery and stability.

The compound annual growth rate (CAGR) over the last five years (2019-2023) averages around 5.87%, reflecting moderate yet consistent growth. The trend from 2020 onwards shows recovery and progressive expansion in the data centers and web portals sector.

Looking ahead, the forecasted data predicts continued robust growth, with turnovers expected to reach 2940 million Euros by 2028. The forecasted CAGR for the next five years is 4.13%, indicating a healthy expansion trajectory.

Future trends to watch for include advancements in data processing capabilities, an increase in cloud adoption, and the broader application of artificial intelligence in data management. Enhanced data protection regulations and sustainability considerations will likely shape the growth trajectory and operational frameworks of these sectors in Finland.