Forecast: Telecom Gross Value Added in Sweden

The Telecom Gross Value Added (GVA) in Sweden has shown a steady growth over the past decade, with the values increasing from 51.05 billion SEK in 2013 to 66.79 billion SEK in 2023. The year-on-year percentage variations exhibit some fluctuations, with significant growth in certain years, such as 2014 and 2016, and more modest increases in others, such as 2018 and 2020. Over the last two years, growth rates were 2.05% in 2022 and 2% in 2023, implying consistent albeit moderate expansion. The last five-year CAGR indicates an average annual growth of 2.34%.

Looking forward, the forecast period from 2024 to 2028 projects continued growth, with the Telecom GVA expected to reach 73.15 billion SEK by the end of 2028. The forecasted five-year CAGR of 1.44% suggests a slower yet stable growth trajectory. Key future trends to watch for include the impact of 5G rollout, the evolution of IoT (Internet of Things) technologies, and potential regulatory changes affecting the telecom sector.