Based on the data for the software publishing sector in Norway, the turnover is projected to grow from 25.62 billion Norwegian Krones in 2024 to 28.39 billion Norwegian Krones in 2028. The base value for 2023 stood at 26.32 billion Norwegian Krones. The year-on-year variation shows a steady increase in turnover with annual growth rates around 2.68% to 2.81%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.60%.
Trends to watch for in the future include increased investment in innovative technologies such as artificial intelligence, cloud computing, and cybersecurity solutions. Additionally, greater emphasis on software-as-a-service (SaaS) models and increasing digital transformation across various industries will likely drive further growth. Monitoring regulatory changes and market competition will also be crucial.
