In 2023, Finland's ICT production value stood at 25 Billion Euros. The forecast data from 2024 to 2028 indicates a steady growth in ICT production value, with the value reaching 28.36 Billion Euros by 2028.
Year-on-year variations show:
- 2024: 2.72%
- 2025: 2.65%
- 2026: 2.54%
- 2027: 2.48%
- 2028: 2.38%
The average compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is 2.55% per year. This indicates a moderately steady upward trend in Finland's ICT production value.
Future trends to watch for include:
- Technological advancements and their integration into various sectors, potentially boosting ICT production.
- Government policies and investments in the ICT sector.
- Global economic conditions that may influence the demand for ICT products and services.
- Emerging innovations in AI, machine learning, and data analytics, promoting new ICT developments.