Forecast: Value Added of Computer, Electronic and Optical Products Manufacturing in Denmark

The value added of the computer, electronic, and optical products manufacturing sector in Denmark showed a mixed yet generally upward trend from 2013 to 2023, reaching DKK 20.65 billion in 2023. Notable growth was seen in 2017 with a 15.32% increase and in 2020 with a 6.29% rise. However, there were periods of decline, such as in 2014 and 2018, with negative year-on-year variations of -3.2% and -2.15%, respectively. The average compound annual growth rate (CAGR) over the past five years leading up to 2023 was 2%.

Future trends to watch for:

  • Forecasted steady growth with the value anticipated to reach DKK 22.22 billion by 2028.
  • Expected average annual growth rate over the next five years is relatively modest at 1.11%.
  • Potential influences include advancements in technology, global market demand, and Denmark's innovation policies.

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