Forecast: Computer Software and Databases Productivity Growth Rate in Sweden

The productivity growth rate of computer software and databases in Sweden has shown a consistent upward trend, starting at 1.94% in 2013 and reaching 10.54% by 2023. The growth spiked significantly between 2015 and 2017, with values peaking at 10.96% in 2021. The forecast from 2024 to 2028 remains steady at 10.54%, indicating a stabilized growth phase.

Year-on-year analysis highlights a robust and stable trend, particularly over the last two years, with slight fluctuations. The 5-year CAGR from 2024 to 2028 is predicted to be steady, with practically no change, reflecting a mature growth stage for the sector.

Future trends to watch for:

  • Technological advancements, particularly in AI and machine learning, which could further boost productivity.
  • Investment patterns and potential adoption of new software development frameworks.
  • Regulatory changes and their impact on data management and software innovation.

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