The Swedish IT market benefits from its strong local development of ICT companies, worldleading telecoms infrastructure and highly advanced economy. This evidenced by the performance of companies such as Zenterio, which is planning an IPO in 2015. Strong private consumption is expected to be the key growth driver in Sweden in 2015, with potential upgrade opportunities in this mature market.
Meanwhile, we identify data centres, cloud computing and real-time business software and services as medium-term growth trends in Sweden. We also highlight the potential for Sweden to be a leading adopter of labour saving smart automation and assistant technologies as a result of high labour costs and its status as a leading innovator. This industry forecasts compound annual growth rate (CAGR) of 4.1% over 2014-2019 for the sector.
Headline Expenditure Projections
- Computer Hardware Sales: Forecast to increase from SEK26.5bn in 2015 to SEK30.3bn in 2019,
corresponding to a CAGR of 3.5% in local currency terms. The tablet boom has passed Sweden by 2015,
limiting growth prospects, but it will remain a lucrative market with strong demand for premium products.
Table: IT Industry - Historical Data And Forecasts (Sweden 2012-2019)
Table: GDP By Expenditure (Sweden 2012-2019)
Industry Risk/Reward Ratings
Industry Risk Reward Index
Table: Europe IT Risk/Reward Index, Q4 2015
Industry Trends And Developments
Table: Tele2 Global M2M Platform Developments
Table: IT Regulatory Authority
Table: Syncron International
Table: Population Headline Indicators (Sweden 1990-2025)
Table: Key Population Ratios (Sweden 1990-2025)
Table: Urban/Rural Population And Life Expectancy (Sweden 1990-2025)
Table: Population By Age Group (Sweden 1990-2025)
Table: Population By Age Group % (Sweden 1990-2025)
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: IT Risk/Reward Index Indicators
Table: Weighting Of Components