The production of ICT and Information Services in Denmark has shown a general upward trend from 2013 to 2023, with values rising from 69.26 billion DKK to 101.48 billion DKK. The highest year-on-year growth of 10.3% was observed in 2021. However, the sector experienced different growth rates; notable dips include a -2.28% decrease in 2020. Overall, the compound annual growth rate (CAGR) over the last five years (2019-2023) stands at approximately 2.58%.
Forecasts indicate continued growth, with production expected to reach 114.46 billion DKK by 2028. The average annual growth forecast (CAGR) from 2024 to 2028 is 1.87%, suggesting a steady but moderate pace.
Future trends to watch for include:
- Emergence of new technologies and their integration into existing ICT and information services infrastructure.
- Growth in demand for digital transformations and cybersecurity services.
- Impact of global economic fluctuations and supply chain challenges on ICT production.
- Policy and regulatory changes both within Denmark and in the EU could influence sector growth.
