The IT services output in Finland experienced significant growth from 2013 to 2023, reaching 16.1 billion euros by 2023. Notable year-on-year variations include a peak increase of 16.73% in 2014, followed by a decline of 13.57% in 2015. The recent five-year CAGR ending in 2023 is 5.87%, indicating a steady growth trajectory. Over this period, the year-on-year growth rate has moderated, showing fluctuations but generally positive trends with a 4.43% increase from 2022 to 2023.

Future trends to watch for include:

Continued growth forecast at an average yearly rate of 2.96% from 2024 to 2028.
A total increase of 15.72% in the next five years, indicating ongoing expansion albeit at a slower pace.
Potential impacts of technological advancements and increased digital transformation initiatives on the IT services sector.