The production of ICT services in Sweden has shown notable growth over the past decade, increasing from 26.22 billion SEK in 2013 to 83.74 billion SEK in 2023. The past two years (2022 to 2023) saw a year-on-year growth of 4.92%. Over the last five years, the compound annual growth rate (CAGR) stood at 7.64%, indicating consistent growth.

Looking ahead, forecasted data for 2024 to 2028 suggests a slower growth trajectory with a forecasted 5-year CAGR of 3.43% and an 18.35% total growth rate over this period. The production value is expected to reach 104.33 billion SEK by 2028, reflecting continued but moderated expansion in the ICT services sector.

Future trends to watch for include:

The impact of emerging technologies such as AI, IoT, and 5G on ICT services demand.
Potential economic fluctuations that could influence spending and investment in ICT services.
The role of government policies and initiatives in fostering innovation and competition within the ICT sector.