The ICT and Information Services production in Finland in 2023 stood at 14.03 billion euros, showing a 3.27% year-on-year increase. Over the past decade, the sector has experienced steady growth with fluctuating year-on-year variations. Key years of substantial growth include 2017 with a 14.83% increase and 2018 with a 12.17% increase. However, the market faced a slight decline in 2020 by -1.33%. The five-year CAGR for 2028 is projected at 2.4%, indicating a moderate growth pace compared to prior years.
Future trends to watch for in the Finnish ICT and Information Services sector include:
- Further digital transformation and integration of AI and machine learning technologies.
- Increased investment in cybersecurity and data protection.
- Growth in remote working technologies and related services.
- Expansion in 5G infrastructure and its applications.
