The turnover of the ICT sector in Norway stood at 27.17 billion Euros in 2023. The forecasted values from 2024 to 2028 suggest a steady increase, with the value projected to rise from 27.47 billion Euros in 2024 to 28.67 billion Euros by 2028. Year-on-year variations show consistent growth: 1.09% from 2024 to 2025, 1.08% from 2025 to 2026, 1.07% from 2026 to 2027, and 1.06% from 2027 to 2028. The CAGR over the forecast period from 2024 to 2028 is anticipated to be approximately 1.07%.
- 2024: 27.47 billion Euros (1.10% increase from 2023)
- 2025: 27.77 billion Euros
- 2026: 28.07 billion Euros (1.08% increase)
- 2027: 28.37 billion Euros (1.07% increase)
- 2028: 28.67 billion Euros (1.06% increase)
Future trends to watch for include technological advancements, increased digital transformation across industries, investment in 5G and AI technologies, and a potential spike in cybersecurity spending. These elements could accelerate turnover growth beyond current forecasts.
