New Market Report: Sweden Information Technology Report Q4 2015

From: Fast Market Research, Inc.
Published: Mon Oct 19 2015

The Swedish IT market benefits from its strong local development of ICT companies, world-leading 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. BMI forecasts compound annual growth rate (CAGR) of 4.1% over 2014-2019 for the sector.

Full Report Details at

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.
Software Sales: Forecast to increase from SEK39.1bn in 2015 to SEK44.9bn in 2019, corresponding to a CAGR of 3.5% in local currency terms. Expenditure on enterprise resource planning is expected to pick up from 2015 with deferred investments supplementing underlying demand.
IT Services Sales: Forecast to increase from SEK60.8bn in 2015 to SEK75.0bn in 2018, corresponding to a CAGR of 5.4% in local currency terms. Sweden is a leading European market for cloud service adoption and further growth will drive IT service spending higher over the medium term.

The Sweden Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Sweden Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Sweden.

Key Benefits

* Benchmark BMI's independent IT Industry forecasts for Sweden to test other views - a key input for successful budgetary and strategic business planning in the Swedish IT market.
* Target business opportunities and risks in Sweden's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Sweden.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

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You may also be interested in these related reports:

- Germany Information Technology Report Q4 2015
- Poland Information Technology Report Q4 2015
- Turkey Information Technology Report Q4 2015
- Czech Republic Information Technology Report Q4 2015
- Singapore Information Technology Report Q4 2015

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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