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Market Research Report
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1032188

IT Services Market in Nordic Countries 2022-2026

Published: | TechNavio (Infiniti Research Ltd.) | 120 Pages | Delivery time: 1-2 business days

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IT Services Market in Nordic Countries 2022-2026
Published: March 16, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Technavio has been monitoring the IT services market in Nordic countries and it is poised to grow by $ 6.36 bn during 2022-2026 progressing at a CAGR of 4.04% during the forecast period. Our 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, latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of edge computing and the gradual shift from on-premises to cloud-based IT services.

The IT services market in Nordic countries analysis includes the service segment and geographic landscape.

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

By Service

  • IT consulting and other services
  • Internet services and infrastructure
  • Data processing and outsourced services

By Geographical Landscape

  • Sweden
  • Denmark
  • Norway
  • Rest of Europe

This study identifies the incorporation of predictive analytics in managed security servicesas one of the prime reasons driving the IT services market growth in Nordic countries during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on IT services market in Nordic countries covers the following areas:

  • It services market sizing
  • It services market forecast
  • It services market industry analysis

Technavio's 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 SE, CGI Inc., Dell Technologies Inc., DXC Technology Co., Eltel AB, Hewlett Packard Enterprise Co., International Business Machines Corp., Tata Consultancy Services Ltd., and TIETOEVRY 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 in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71009

Table of Contents

1. Executive Summary

  • 1.1 Market Overview
  • Exhibit 01: Key Finding 1
  • Exhibit 02: Key Finding 2
  • Exhibit 03: Key Finding 3
  • Exhibit 04: Key Finding 5
  • Exhibit 05: Key Finding 6

2. Market Landscape

  • 2.1 Market ecosystem
  • Exhibit 06: Parent market
  • Exhibit 07: Market characteristics
  • 2.2 Value chain analysis
  • Exhibit 08: Value chain analysis: Data processing and outsourced services
    • 2.2.1 Inputs
    • 2.2.2 Operations
    • 2.2.2.1 Data sourcing and collection
    • 2.2.2.2 Data quality and cleaning
    • 2.2.2.3 Data enrichment
    • 2.2.2.4 Data management
    • 2.2.3 Data delivery and decision making
    • 2.2.4 Marketing and sales
    • 2.2.5 Support activities
    • 2.2.6 Industry innovations:

3. Market Sizing

  • 3.1 Market definition
  • Exhibit 10: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
  • Exhibit 11: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021 - 2026
  • Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
  • Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis

  • 4.1 Five Forces Summary
  • Exhibit 14: Five forces analysis 2021 & 2026
  • 4.2 Bargaining power of buyers
  • Exhibit 15: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
  • Exhibit 16: Bargaining power of suppliers
  • 4.4 Threat of new entrants
  • Exhibit 17: Threat of new entrants
  • 4.5 Threat of substitutes
  • Exhibit 18: Threat of substitutes
  • 4.6 Threat of rivalry
  • Exhibit 19: Threat of rivalry
  • 4.7 Market condition
  • Exhibit 20: Market condition - Five forces 2021

5 Market Segmentation by Service

  • 5.1 Market segments
  • Exhibit 20: Service - Market share 2021-2026 (%)
  • 5.2 Comparison by Service
  • Exhibit 21: Comparison by Service
  • 5.3 IT consulting and other services - Market size and forecast 2021-2026
  • Exhibit 22: IT consulting and other services - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 23: IT consulting and other services - Year-over-year growth 2021-2026 (%)
  • 5.4 Internet services and infrastructure - Market size and forecast 2021-2026
  • Exhibit 24: Internet services and infrastructure - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 25: Internet services and infrastructure - Year-over-year growth 2021-2026 (%)
  • 5.5 Data processing and outsources services - Market size and forecast 2021-2026
  • Exhibit 26: Data processing and outsources services - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 27: Data processing and outsources services - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Service
  • Exhibit 28: Market opportunity by Service

6. Geographic Landscape

  • 6.1 Geographic segmentation
  • Exhibit 29: Market share By Geographical Landscape 2021-2026 (%)
  • 6.2 Geographic comparison
  • Exhibit 30: Geographic comparison
  • 6.3 Sweden - Market size and forecast 2021-2026
  • Exhibit 31: Sweden - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 32: Sweden - Year-over-year growth 2021-2026 (%)
  • 6.4 Denmark - Market size and forecast 2021-2026
  • Exhibit 33: Denmark - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 34: Denmark - Year-over-year growth 2021-2026 (%)
  • 6.5 Norway - Market size and forecast 2021-2026
  • Exhibit 35: Norway - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 36: Norway - Year-over-year growth 2021-2026 (%)
  • 6.6 Rest of Nordic countries - Market size and forecast 2021-2026
  • Exhibit 37: Rest of Nordic countries - Market size and forecast 2021-2026 ($ Million)
  • Exhibit 38: Rest of Nordic countries - Year-over-year growth 2021-2026 (%)
  • 6.7 Market opportunity By Geographical Landscape
  • Exhibit 39: Market opportunity By Geographical Landscape ($ million)

7. Customer landscape

  • 7.1 Overview
  • Exhibit 40: Customer landscape

8. Drivers, Challenges, and Trends

  • 8.1 Market drivers
    • 8.1.1 Growing adoption of edge computing
    • 8.1.2 Gradual shift from on-premises to cloud-based IT services
    • 8.1.3 Incorporation of predictive analytics in managed security services
  • 8.2 Market challenges
    • 8.2.1 Risks involved in outsourcing
    • 8.2.2 Shortage of domain expertise
    • 8.2.3 Lack of quality standards in SLAs
  • Exhibit 41: Impact of drivers and challenges
  • 8.3 Market trends
    • 8.3.1 Emergence of AI in information management
    • 8.3.2 Integration of big data in information provider offerings
    • 8.3.3 Growing BFSI sector and go-green initiatives

9. Vendor Landscape

  • 9.1 Overview
  • Exhibit 42: Vendor landscape
    • The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
  • 9.2 Landscape disruption
  • Exhibit 43: Landscape disruption
  • Exhibit 44: Industry risks
  • 9.3 Competitive Scenario

10. Vendor Analysis

  • 10.1 Vendors covered
  • Exhibit 45: Vendors covered
  • 10.2 Market positioning of vendors
  • Exhibit 46: Market positioning of vendors
  • 10.3 Accenture Plc
  • Exhibit 47: Accenture Plc - Overview
  • Exhibit 48: Accenture Plc - Business segments
  • Exhibit 49: Accenture Plc - Key offerings
  • Exhibit 50: Accenture Plc - key news
  • Exhibit 51: Accenture Plc - Segment focus
  • 10.4 Capgemini SE
  • Exhibit 52: Capgemini SE - Overview
  • Exhibit 53: Capgemini SE - Business segments
  • Exhibit 54: Capgemini SE - Key offerings
  • Exhibit 55: Capgemini SE - key news
  • Exhibit 56: Capgemini SE - Segment focus
  • 10.5 CGI Inc.
  • Exhibit 57: CGI Inc. - Overview
  • Exhibit 58: CGI Inc. - Business segments
  • Exhibit 59: CGI Inc. - Key offerings
  • Exhibit 60: CGI Inc. - Key news
  • Exhibit 61: CGI Inc. - Segment focus
  • 10.6 Dell Technologies Inc.
  • Exhibit 62: Dell Technologies Inc. - Overview
  • Exhibit 63: Dell Technologies Inc. - Business segments
  • Exhibit 64: Dell Technologies Inc. - Key offerings
  • Exhibit 65: Dell Technologies Inc. - Segment focus
  • 10.7 DXC Technology Co.
  • Exhibit 66: DXC Technology Co. - Overview
  • Exhibit 67: DXC Technology Co. - Business segments
  • Exhibit 68: DXC Technology Co. - Key offerings
  • Exhibit 69: DXC Technology Co. - Key news
  • Exhibit 70: DXC Technology Co. - Segment focus
  • 10.8 Hewlett Packard Enterprise Co.
  • Exhibit 71: Hewlett Packard Enterprise Co. - Overview
  • Exhibit 72: Hewlett Packard Enterprise Co. - Business segments
  • Exhibit 73: Hewlett Packard Enterprise Co. - Key offerings
  • Exhibit 74: Hewlett Packard Enterprise Co. - Segment focus
  • 10.9 Hitachi Ltd.
  • Exhibit 75: Hitachi Ltd. - Overview
  • Exhibit 76: Hitachi Ltd. - Business segments
  • Exhibit 77: Hitachi Ltd. - Key offerings
  • Exhibit 78: Hitachi Ltd. - Segment focus
  • 10.10 Infosys Ltd.
  • Exhibit 79: Infosys Ltd. - Overview
  • Exhibit 80: Infosys Ltd. - Business segments
  • Exhibit 81: Infosys Ltd. - Key offerings
  • Exhibit 82: Infosys Ltd. - Segment focus
  • 10.11 International Business Machines Corp.
  • Exhibit 83: International Business Machines Corp. - Overview
  • Exhibit 84: International Business Machines Corp. - Business segments
  • Exhibit 85: International Business Machines Corp. - Key offerings
  • Exhibit 86: International Business Machines Corp. - key news
  • Exhibit 87: International Business Machines Corp. - Segment focus
  • 10.12 Tata Consultancy Services Ltd.
  • Exhibit 88: Tata Consultancy Services Ltd. - Overview
  • Exhibit 89: Tata Consultancy Services Ltd. - Business segments
  • Exhibit 90: Tata Consultancy Services Ltd. - Key offerings
  • Exhibit 91: Tata Consultancy Services Ltd. - Segment focus

11. Appendix

  • 11.1 Scope of the report
    • 11.1.1 Market definition
    • 11.1.2 Objectives
    • Notes and caveats
  • 11.2 Currency conversion rates for US$
  • Exhibit 92: Currency conversion rates for US$
  • 11.3 Research Methodology
  • Exhibit 93: Research Methodology
  • Exhibit 94: Validation techniques employed for market sizing
  • Exhibit 95: Information sources
  • 11.4 List of abbreviations
  • Exhibit 96: List of abbreviations

Exhibits

  • Exhibits1: Key Finding 1
  • Exhibits2: Key Finding 2
  • Exhibits3: Key Finding 5
  • Exhibits4: Key Finding 6
  • Exhibits5: Key Finding 7
  • Exhibits6: Parent market
  • Exhibits7: Market characteristics
  • Exhibits8: Offerings of vendors included in the market definition
  • Exhibits9: Market segments
  • Exhibits10: Global - Market size and forecast 2020 - 2025 ($ million)
  • Exhibits11: Global market: Year-over-year growth 2020 - 2025 (%)
  • Exhibits12: Five forces analysis 2020 & 2025
  • Exhibits13: Bargaining power of buyers
  • Exhibits14: Bargaining power of suppliers
  • Exhibits15: Threat of new entrants
  • Exhibits16: Threat of substitutes
  • Exhibits17: Threat of rivalry
  • Exhibits18: Market condition - Five forces 2020
  • Exhibits19: Service - Market share 2020-2025 (%)
  • Exhibits20: Comparison by Service
  • Exhibits21: IT consulting and other services - Market size and forecast 2020-2025 ($ million)
  • Exhibits22: IT consulting and other services - Year-over-year growth 2020-2025 (%)
  • Exhibits23: Internet services and infrastructure - Market size and forecast 2020-2025 ($ million)
  • Exhibits24: Internet services and infrastructure - Year-over-year growth 2020-2025 (%)
  • Exhibits25: Data processing and outsourced services - Market size and forecast 2020-2025 ($ million)
  • Exhibits26: Data processing and outsourced services - Year-over-year growth 2020-2025 (%)
  • Exhibits27: Market opportunity by Service
  • Exhibits28: - Market share 2020-2025 (%)
  • Exhibits29: Comparison by
  • Exhibits30: Sweden - Market size and forecast 2020-2025 ($ million)
  • Exhibits31: Sweden - Year-over-year growth 2020-2025 (%)
  • Exhibits32: Denmark - Market size and forecast 2020-2025 ($ million)
  • Exhibits33: Denmark - Year-over-year growth 2020-2025 (%)
  • Exhibits34: Norway - Market size and forecast 2020-2025 ($ million)
  • Exhibits35: Norway - Year-over-year growth 2020-2025 (%)
  • Exhibits36: Rest of Nordic countries - Market size and forecast 2020-2025 ($ million)
  • Exhibits37: Rest of Nordic countries - Year-over-year growth 2020-2025 (%)
  • Exhibits38: Market opportunity by
  • Exhibits39: Customer landscape
  • Exhibits40: Impact of drivers and challenges
  • Exhibits41: Vendor landscape
  • Exhibits42: Landscape disruption
  • Exhibits43: Industry risks
  • Exhibits44: Vendors covered
  • Exhibits45: Market positioning of vendors
  • Exhibits46: Accenture Plc - Overview
  • Exhibits47: Accenture Plc - Business segments
  • Exhibits48: Accenture Plc - Key offerings
  • Exhibits49: Accenture Plc - Key customers
  • Exhibits50: Accenture Plc - Segment focus
  • Exhibits51: Capgemini SE - Overview
  • Exhibits52: Capgemini SE - Business segments
  • Exhibits53: Capgemini SE - Key offerings
  • Exhibits54: Capgemini SE - Key customers
  • Exhibits55: Capgemini SE - Segment focus
  • Exhibits56: CGI Inc. - Overview
  • Exhibits57: CGI Inc. - Business segments
  • Exhibits58: CGI Inc. - Key offerings
  • Exhibits59: CGI Inc. - Key customers
  • Exhibits60: CGI Inc. - Segment focus
  • Exhibits61: Dell Technologies Inc. - Overview
  • Exhibits62: Dell Technologies Inc. - Business segments
  • Exhibits63: Dell Technologies Inc. - Key offerings
  • Exhibits64: Dell Technologies Inc. - Key customers
  • Exhibits65: Dell Technologies Inc. - Segment focus
  • Exhibits66: DXC Technology Co. - Overview
  • Exhibits67: DXC Technology Co. - Business segments
  • Exhibits68: DXC Technology Co. - Key offerings
  • Exhibits69: DXC Technology Co. - Key customers
  • Exhibits70: DXC Technology Co. - Segment focus
  • Exhibits71: Eltel AB - Overview
  • Exhibits72: Eltel AB - Business segments
  • Exhibits73: Eltel AB - Key offerings
  • Exhibits74: Eltel AB - Key customers
  • Exhibits75: Eltel AB - Segment focus
  • Exhibits76: Hewlett Packard Enterprise Co. - Overview
  • Exhibits77: Hewlett Packard Enterprise Co. - Business segments
  • Exhibits78: Hewlett Packard Enterprise Co. - Key offerings
  • Exhibits79: Hewlett Packard Enterprise Co. - Key customers
  • Exhibits80: Hewlett Packard Enterprise Co. - Segment focus
  • Exhibits81: International Business Machines Corp. - Overview
  • Exhibits82: International Business Machines Corp. - Business segments
  • Exhibits83: International Business Machines Corp. - Key offerings
  • Exhibits84: International Business Machines Corp. - Key customers
  • Exhibits85: International Business Machines Corp. - Segment focus
  • Exhibits86: Tata Consultancy Services Ltd. - Overview
  • Exhibits87: Tata Consultancy Services Ltd. - Business segments
  • Exhibits88: Tata Consultancy Services Ltd. - Key offerings
  • Exhibits89: Tata Consultancy Services Ltd. - Key customers
  • Exhibits90: Tata Consultancy Services Ltd. - Segment focus
  • Exhibits91: TIETOEVRY CORP. - Overview
  • Exhibits92: TIETOEVRY CORP. - Business segments
  • Exhibits93: TIETOEVRY CORP. - Key offerings
  • Exhibits94: TIETOEVRY CORP. - Key customers
  • Exhibits95: TIETOEVRY CORP. - Segment focus
  • Exhibits96: Currency conversion rates for US$
  • Exhibits97: Research Methodology
  • Exhibits98: Validation techniques employed for market sizing
  • Exhibits99: Information sources
  • Exhibits100: List of abbreviations