IT Services Market in Nordic countries 2024-2028

Global IT Services Market In Nordic Countries 2024-2028


The IT services market in Nordic countries is forecasted to grow by USD 7.7 bn during 2023-2028, accelerating at a CAGR of 3.86% during the forecast period. The report on the IT services market in Nordic countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of edge computing, the gradual shift from on-premises to cloud-based IT services, and the incorporation of predictive analytics in managed security services.

Technavio's IT services market in Nordic countries is segmented as below:

By Product

IT consulting and other services
Internet services and infrastructure
Data processing and outsources services

By Application

Technology and telecommunication
BFSI
Travel and hospitality
Healthcare
Others

By Geography

Nordic Countries

This study identifies the emergence of AI in information management as one of the prime reasons driving the IT services market in Nordic countries growth during the next few years. Also, the integration of big data in IT services provider offerings and the growing BFSI sector and go-green initiatives will lead to sizable demand in the market.

The report on the IT services market in Nordic countries covers the following areas:

IT services market in Nordic countries sizing
IT services market in Nordic countries forecast
IT services market in Nordic countries industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IT services market in Nordic countries vendors that include Accenture Plc, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Dell Technologies Inc., DXC Technology Co., Hewlett Packard Enterprise Co., Hitachi Ltd., Infosys Ltd., International Business Machines Corp., Ivanti Software Inc., Microsoft Corp., NNIT AS, Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Telenor Group, Wipro Ltd., Atos SE, and Nokia Corp. Also, the IT services market in Nordic countries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Nordic Countries - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Nordic Countries: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
  • Historic Market Size
    • IT services market in Nordic Countries 2018 - 2022
      • Table Historic Market Size – Data Table on IT services market in Nordic Countries 2018 – 2022 ($ billion)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • IT consulting and other services - Market size and forecast 2023-2028
      • Table Chart on IT consulting and other services - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on IT consulting and other services - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on IT consulting and other services - Year-over-year growth 2023-2028 (%)
      • Table Data Table on IT consulting and other services - Year-over-year growth 2023-2028 (%)
    • Internet services and infrastructure - Market size and forecast 2023-2028
      • Table Chart on Internet services and infrastructure - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Internet services and infrastructure - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Internet services and infrastructure - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Internet services and infrastructure - Year-over-year growth 2023-2028 (%)
    • Data processing and outsources services - Market size and forecast 2023-2028
      • Table Chart on Data processing and outsources services - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Data processing and outsources services - Market size and forecast 2023- 2028 ($ billion)
      • Table Chart on Data processing and outsources services - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Data processing and outsources services - Year-over-year growth 2023- 2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ billion)
      • Table Data Table on Market opportunity by Product ($ billion)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Technology and telecommunication - Market size and forecast 2023-2028
      • Table Chart on Technology and telecommunication - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Technology and telecommunication - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Technology and telecommunication - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Technology and telecommunication - Year-over-year growth 2023-2028 (%)
    • BFSI - Market size and forecast 2023-2028
      • Table Chart on BFSI - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on BFSI - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on BFSI - Year-over-year growth 2023-2028 (%)
      • Table Data Table on BFSI - Year-over-year growth 2023-2028 (%)
    • Travel and hospitality - Market size and forecast 2023- 2028
      • Table Chart on Travel and hospitality - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Travel and hospitality - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Travel and hospitality - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Travel and hospitality - Year-over-year growth 2023-2028 (%)
    • Healthcare - Market size and forecast 2023-2028
      • Table Chart on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Healthcare - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ billion)
      • Table Data Table on Market opportunity by Application ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography - 2023-2028 (%)
      • Table Data Table on Market share by geography - 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • Sweden - Market size and forecast 2023-2028
      • Table Chart on Sweden - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Sweden - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Sweden - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Sweden - Year-over-year growth 2023-2028 (%)
    • Norway - Market size and forecast 2023-2028
      • Table Chart on Norway - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Norway - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Norway - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Norway - Year-over-year growth 2023-2028 (%)
    • Denmark - Market size and forecast 2023-2028
      • Table Chart on Denmark - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Denmark - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Denmark - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Denmark - Year-over-year growth 2023-2028 (%)
    • Finland - Market size and forecast 2023-2028
      • Table Chart on Finland - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Finland - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Finland - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Finland - Year-over-year growth 2023-2028 (%)
    • Iceland - Market size and forecast 2023-2028
      • Table Chart on Iceland - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Iceland - Market size and forecast 2023-2028 ($ billion)
      • Table Chart on Iceland - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Iceland - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Table on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing adoption of edge computing
      • Gradual shift from on-premises to cloud-based IT services
      • Incorporation of predictive analytics in managed security services
    • Market challenges
      • Risks involved in outsourcing IT services
      • Shortage of personnel with domain expertise
      • Lack of quality standards in SLAs
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Emergence of AI in information management
      • Integration of big data in IT services provider offerings
      • Growing BFSI sector and go-green initiatives
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Accenture Plc
      • Table Accenture Plc - Overview
      • Table Accenture Plc - Business segments
      • Table Accenture Plc - Key news
      • Table Accenture Plc - Key offerings
      • Table Accenture Plc - Segment focus
    • Atos SE
      • Table Atos SE - Overview
      • Table Atos SE - Business segments
      • Table Atos SE - Key news
      • Table Atos SE - Key offerings
      • Table Atos SE - Segment focus
    • Capgemini Service SAS
      • Table Capgemini Service SAS - Overview
      • Table Capgemini Service SAS - Business segments
      • Table Capgemini Service SAS - Key news
      • Table Capgemini Service SAS - Key offerings
      • Table Capgemini Service SAS - Segment focus
    • CGI Inc.
      • Table CGI Inc. - Overview
      • Table CGI Inc. - Business segments
      • Table CGI Inc. - Key news
      • Table CGI Inc. - Key offerings
      • Table CGI Inc. - Segment focus
    • Dell Technologies Inc.
      • Table Dell Technologies Inc. - Overview
      • Table Dell Technologies Inc. - Business segments
      • Table Dell Technologies Inc. - Key news
      • Table Dell Technologies Inc. - Key offerings
      • Table Dell Technologies Inc. - Segment focus
    • DXC Technology Co.
      • Table DXC Technology Co. - Overview
      • Table DXC Technology Co. - Business segments
      • Table DXC Technology Co. - Key news
      • Table DXC Technology Co. - Key offerings
      • Table DXC Technology Co. - Segment focus
    • Hewlett Packard Enterprise Co.
      • Table Hewlett Packard Enterprise Co. - Overview
      • Table Hewlett Packard Enterprise Co. - Business segments
      • Table Hewlett Packard Enterprise Co. - Key news
      • Table Hewlett Packard Enterprise Co. - Key offerings
      • Table Hewlett Packard Enterprise Co. - Segment focus
    • Hitachi Ltd.
      • Table Hitachi Ltd. - Overview
      • Table Hitachi Ltd. - Business segments
      • Table Hitachi Ltd. - Key news
      • Table Hitachi Ltd. - Key offerings
      • Table Hitachi Ltd. - Segment focus
    • Infosys Ltd.
      • Table Infosys Ltd. - Overview
      • Table Infosys Ltd. - Business segments
      • Table Infosys Ltd. - Key news
      • Table Infosys Ltd. - Key offerings
      • Table Infosys Ltd. - Segment focus
    • International Business Machines Corp.
      • Table International Business Machines Corp. - Overview
      • Table International Business Machines Corp. - Business segments
      • Table International Business Machines Corp. - Key news
      • Table International Business Machines Corp. - Key offerings
      • Table International Business Machines Corp. - Segment focus
    • Ivanti Software Inc.
      • Table Ivanti Software Inc. - Overview
      • Table Ivanti Software Inc. - Product / Service
      • Table Ivanti Software Inc. - Key offerings
    • Microsoft Corp.
      • Table Microsoft Corp. - Overview
      • Table Microsoft Corp. - Business segments
      • Table Microsoft Corp. - Key news
      • Table Microsoft Corp. - Key offerings
      • Table Microsoft Corp. - Segment focus
    • NNIT AS
      • Table NNIT AS - Overview
      • Table Nokia Corp. - Business segments
      • Table NNIT AS - Key offerings
    • Nokia Corp.
      • Table Nokia Corp. - Overview
      • Table Nokia Corp. - Business segments
      • Table Nokia Corp. - Key offerings
      • Table Nokia Corp. - Segment focus
    • Tata Consultancy Services Ltd.
      • Table Tata Consultancy Services Ltd. - Overview
      • Table Tata Consultancy Services Ltd. - Business segments
      • Table Tata Consultancy Services Ltd. - Key news
      • Table Tata Consultancy Services Ltd. - Key offerings
      • Table Tata Consultancy Services Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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