IT Services Market in Nordic countries 2024-2028

List of Tables

Abstract

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.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.82%
CAGR	3.86%
Incremental Value	$7.7bn

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.

Product Code: IRTNTR71009

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Nordic Countries - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Nordic Countries: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 IT services market in nordic countries 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on it services market in nordic countries 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 29: Chart on Product - Market share 2023-2028 (%)
Exhibit 30: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 31: Chart on Comparison by Product
Exhibit 32: Data Table on Comparison by Product
6.3 IT consulting and other services - Market size and forecast 2023-2028
Exhibit 33: Chart on IT consulting and other services - Market size and forecast 2023-2028 ($ billion)
Exhibit 34: Data Table on IT consulting and other services - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Chart on IT consulting and other services - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on IT consulting and other services - Year-over-year growth 2023-2028 (%)
6.4 Internet services and infrastructure - Market size and forecast 2023-2028
Exhibit 37: Chart on Internet services and infrastructure - Market size and forecast 2023-2028 ($ billion)
Exhibit 38: Data Table on Internet services and infrastructure - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Chart on Internet services and infrastructure - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on Internet services and infrastructure - Year-over-year growth 2023-2028 (%)
6.5 Data processing and outsources services - Market size and forecast 2023-2028
Exhibit 41: Chart on Data processing and outsources services - Market size and forecast 2023-2028 ($ billion)
Exhibit 42: Data Table on Data processing and outsources services - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Chart on Data processing and outsources services - Year-over-year growth 2023-2028 (%)
Exhibit 44: Data Table on Data processing and outsources services - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 45: Market opportunity by Product ($ billion)
Exhibit 46: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 47: Chart on Application - Market share 2023-2028 (%)
Exhibit 48: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 49: Chart on Comparison by Application
Exhibit 50: Data Table on Comparison by Application
7.3 Technology and telecommunication - Market size and forecast 2023-2028
Exhibit 51: Chart on Technology and telecommunication - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Data Table on Technology and telecommunication - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Chart on Technology and telecommunication - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Technology and telecommunication - Year-over-year growth 2023-2028 (%)
7.4 BFSI - Market size and forecast 2023-2028
Exhibit 55: Chart on BFSI - Market size and forecast 2023-2028 ($ billion)
Exhibit 56: Data Table on BFSI - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Chart on BFSI - Year-over-year growth 2023-2028 (%)
Exhibit 58: Data Table on BFSI - Year-over-year growth 2023-2028 (%)
7.5 Travel and hospitality - Market size and forecast 2023-2028
Exhibit 59: Chart on Travel and hospitality - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Travel and hospitality - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Travel and hospitality - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Travel and hospitality - Year-over-year growth 2023-2028 (%)
7.6 Healthcare - Market size and forecast 2023-2028
Exhibit 63: Chart on Healthcare - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on Healthcare - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 67: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
Exhibit 71: Market opportunity by Application ($ billion)
Exhibit 72: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 74: Chart on Market share by geography - 2023-2028 (%)
Exhibit 75: Data Table on Market share by geography - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 76: Chart on Geographic comparison
Exhibit 77: Data Table on Geographic comparison
9.3 Sweden - Market size and forecast 2023-2028
Exhibit 78: Chart on Sweden - Market size and forecast 2023-2028 ($ billion)
Exhibit 79: Data Table on Sweden - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Chart on Sweden - Year-over-year growth 2023-2028 (%)
Exhibit 81: Data Table on Sweden - Year-over-year growth 2023-2028 (%)
9.4 Norway - Market size and forecast 2023-2028
Exhibit 82: Chart on Norway - Market size and forecast 2023-2028 ($ billion)
Exhibit 83: Data Table on Norway - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Chart on Norway - Year-over-year growth 2023-2028 (%)
Exhibit 85: Data Table on Norway - Year-over-year growth 2023-2028 (%)
9.5 Denmark - Market size and forecast 2023-2028
Exhibit 86: Chart on Denmark - Market size and forecast 2023-2028 ($ billion)
Exhibit 87: Data Table on Denmark - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Chart on Denmark - Year-over-year growth 2023-2028 (%)
Exhibit 89: Data Table on Denmark - Year-over-year growth 2023-2028 (%)
9.6 Finland - Market size and forecast 2023-2028
Exhibit 90: Chart on Finland - Market size and forecast 2023-2028 ($ billion)
Exhibit 91: Data Table on Finland - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Chart on Finland - Year-over-year growth 2023-2028 (%)
Exhibit 93: Data Table on Finland - Year-over-year growth 2023-2028 (%)
9.7 Iceland - Market size and forecast 2023-2028
Exhibit 94: Chart on Iceland - Market size and forecast 2023-2028 ($ billion)
Exhibit 95: Data Table on Iceland - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Chart on Iceland - Year-over-year growth 2023-2028 (%)
Exhibit 97: Data Table on Iceland - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity by geography
Exhibit 98: Market opportunity by geography ($ billion)
Exhibit 99: Data Table on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 100: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 101: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 102: Overview on factors of disruption
11.4 Industry risks
Exhibit 103: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 104: Vendors covered
12.2 Market positioning of vendors
Exhibit 105: Matrix on vendor position and classification
12.3 Accenture Plc
Exhibit 106: Accenture Plc - Overview
Exhibit 107: Accenture Plc - Business segments
Exhibit 108: Accenture Plc - Key news
Exhibit 109: Accenture Plc - Key offerings
Exhibit 110: Accenture Plc - Segment focus
12.4 Atos SE
Exhibit 111: Atos SE - Overview
Exhibit 112: Atos SE - Business segments
Exhibit 113: Atos SE - Key news
Exhibit 114: Atos SE - Key offerings
Exhibit 115: Atos SE - Segment focus
12.5 Capgemini Service SAS
Exhibit 116: Capgemini Service SAS - Overview
Exhibit 117: Capgemini Service SAS - Business segments
Exhibit 118: Capgemini Service SAS - Key news
Exhibit 119: Capgemini Service SAS - Key offerings
Exhibit 120: Capgemini Service SAS - Segment focus
12.6 CGI Inc.
Exhibit 121: CGI Inc. - Overview
Exhibit 122: CGI Inc. - Business segments
Exhibit 123: CGI Inc. - Key news
Exhibit 124: CGI Inc. - Key offerings
Exhibit 125: CGI Inc. - Segment focus
12.7 Dell Technologies Inc.
Exhibit 126: Dell Technologies Inc. - Overview
Exhibit 127: Dell Technologies Inc. - Business segments
Exhibit 128: Dell Technologies Inc. - Key news
Exhibit 129: Dell Technologies Inc. - Key offerings
Exhibit 130: Dell Technologies Inc. - Segment focus
12.8 DXC Technology Co.
Exhibit 131: DXC Technology Co. - Overview
Exhibit 132: DXC Technology Co. - Business segments
Exhibit 133: DXC Technology Co. - Key news
Exhibit 134: DXC Technology Co. - Key offerings
Exhibit 135: DXC Technology Co. - Segment focus
12.9 Hewlett Packard Enterprise Co.
Exhibit 136: Hewlett Packard Enterprise Co. - Overview
Exhibit 137: Hewlett Packard Enterprise Co. - Business segments
Exhibit 138: Hewlett Packard Enterprise Co. - Key news
Exhibit 139: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 140: Hewlett Packard Enterprise Co. - Segment focus
12.10 Hitachi Ltd.
Exhibit 141: Hitachi Ltd. - Overview
Exhibit 142: Hitachi Ltd. - Business segments
Exhibit 143: Hitachi Ltd. - Key news
Exhibit 144: Hitachi Ltd. - Key offerings
Exhibit 145: Hitachi Ltd. - Segment focus
12.11 Infosys Ltd.
Exhibit 146: Infosys Ltd. - Overview
Exhibit 147: Infosys Ltd. - Business segments
Exhibit 148: Infosys Ltd. - Key news
Exhibit 149: Infosys Ltd. - Key offerings
Exhibit 150: Infosys Ltd. - Segment focus
12.12 International Business Machines Corp.
Exhibit 151: International Business Machines Corp. - Overview
Exhibit 152: International Business Machines Corp. - Business segments
Exhibit 153: International Business Machines Corp. - Key news
Exhibit 154: International Business Machines Corp. - Key offerings
Exhibit 155: International Business Machines Corp. - Segment focus
12.13 Ivanti Software Inc.
Exhibit 156: Ivanti Software Inc. - Overview
Exhibit 157: Ivanti Software Inc. - Product / Service
Exhibit 158: Ivanti Software Inc. - Key offerings
12.14 Microsoft Corp.
Exhibit 159: Microsoft Corp. - Overview
Exhibit 160: Microsoft Corp. - Business segments
Exhibit 161: Microsoft Corp. - Key news
Exhibit 162: Microsoft Corp. - Key offerings
Exhibit 163: Microsoft Corp. - Segment focus
12.15 NNIT AS
Exhibit 164: NNIT AS - Overview
Exhibit 165: NNIT AS - Key offerings
12.16 Nokia Corp.
Exhibit 166: Nokia Corp. - Overview
Exhibit 167: Nokia Corp. - Business segments
Exhibit 168: Nokia Corp. - Key offerings
Exhibit 169: Nokia Corp. - Segment focus
12.17 Tata Consultancy Services Ltd.
Exhibit 170: Tata Consultancy Services Ltd. - Overview
Exhibit 171: Tata Consultancy Services Ltd. - Business segments
Exhibit 172: Tata Consultancy Services Ltd. - Key news
Exhibit 173: Tata Consultancy Services Ltd. - Key offerings
Exhibit 174: Tata Consultancy Services Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations