Information Technology (IT) Services Market in Nordic Countries 2025-2029

Description

List of Tables

The information technology (IT) services market in nordic countries is forecasted to grow by USD 8 bn during 2024-2029, accelerating at a CAGR of 3.9% during the forecast period. The report on the information technology (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 growing adoption of edge computing, gradual shift from on-premises to cloud-based it services, and incorporation of predictive analytics in managed security services.

Technavio's information technology (IT) services market in nordic countries is segmented as below:

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	2.6%
CAGR	3.9%
Incremental Value	$8 bn

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 Geographical Landscape

Nordic Countries

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

The report on the information technology (IT) services market in nordic countries covers the following areas:

Information Technology (IT) Services Market in Nordic Countries sizing
Information Technology (IT) Services Market in Nordic Countries forecast
Information Technology (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 information technology (IT) services market in nordic countries vendors that include Accenture PLC, Atos SE, Capgemini Services 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, Nokia Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Telenor Group, and Wipro Ltd.. Also, the information technology (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.

The publisher 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 primary and secondary research. 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
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Nordic Countries - Market size and forecast 2024-2029 ($ billion)
- Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
- Chart on Nordic Countries: Year-over-year growth 2024-2029 (%)
- Data Table on Regional - Market size and forecast 2024-2029 ($ billion)

5 Historic Market Size

5.1 Information Technology (IT) Services Market in Nordic Countries 2019 - 2023
- Historic Market Size - Data Table on Information Technology (IT) Services Market in Nordic Countries 2019 - 2023 ($ billion)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ billion)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ billion)
5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 Impact of AI on the Information Technology (IT) Services Market in Nordic Countries

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 IT consulting and other services - Market size and forecast 2024-2029
- Chart on IT consulting and other services - Market size and forecast 2024-2029 ($ billion)
- Data Table on IT consulting and other services - Market size and forecast 2024-2029 ($ billion)
- Chart on IT consulting and other services - Year-over-year growth 2024-2029 (%)
- Data Table on IT consulting and other services - Year-over-year growth 2024-2029 (%)
8.4 Internet services and infrastructure - Market size and forecast 2024-2029
- Chart on Internet services and infrastructure - Market size and forecast 2024-2029 ($ billion)
- Data Table on Internet services and infrastructure - Market size and forecast 2024-2029 ($ billion)
- Chart on Internet services and infrastructure - Year-over-year growth 2024-2029 (%)
- Data Table on Internet services and infrastructure - Year-over-year growth 2024-2029 (%)
8.5 Data processing and outsources services - Market size and forecast 2024-2029
- Chart on Data processing and outsources services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Data processing and outsources services - Market size and forecast 2024-2029 ($ billion)
- Chart on Data processing and outsources services - Year-over-year growth 2024-2029 (%)
- Data Table on Data processing and outsources services - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
9.3 Technology and telecommunication - Market size and forecast 2024-2029
- Chart on Technology and telecommunication - Market size and forecast 2024-2029 ($ billion)
- Data Table on Technology and telecommunication - Market size and forecast 2024-2029 ($ billion)
- Chart on Technology and telecommunication - Year-over-year growth 2024-2029 (%)
- Data Table on Technology and telecommunication - Year-over-year growth 2024-2029 (%)
9.4 BFSI - Market size and forecast 2024-2029
- Chart on BFSI - Market size and forecast 2024-2029 ($ billion)
- Data Table on BFSI - Market size and forecast 2024-2029 ($ billion)
- Chart on BFSI - Year-over-year growth 2024-2029 (%)
- Data Table on BFSI - Year-over-year growth 2024-2029 (%)
9.5 Travel and hospitality - Market size and forecast 2024-2029
- Chart on Travel and hospitality - Market size and forecast 2024-2029 ($ billion)
- Data Table on Travel and hospitality - Market size and forecast 2024-2029 ($ billion)
- Chart on Travel and hospitality - Year-over-year growth 2024-2029 (%)
- Data Table on Travel and hospitality - Year-over-year growth 2024-2029 (%)
9.6 Healthcare - Market size and forecast 2024-2029
- Chart on Healthcare - Market size and forecast 2024-2029 ($ billion)
- Data Table on Healthcare - Market size and forecast 2024-2029 ($ billion)
- Chart on Healthcare - Year-over-year growth 2024-2029 (%)
- Data Table on Healthcare - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2024-2029 (%)
- Data Table on Market share By Geographical Landscape - 2024-2029 (%)
11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
11.3 Sweden - Market size and forecast 2024-2029
- Chart on Sweden - Market size and forecast 2024-2029 ($ billion)
- Data Table on Sweden - Market size and forecast 2024-2029 ($ billion)
- Chart on Sweden - Year-over-year growth 2024-2029 (%)
- Data Table on Sweden - Year-over-year growth 2024-2029 (%)
11.4 Norway - Market size and forecast 2024-2029
- Chart on Norway - Market size and forecast 2024-2029 ($ billion)
- Data Table on Norway - Market size and forecast 2024-2029 ($ billion)
- Chart on Norway - Year-over-year growth 2024-2029 (%)
- Data Table on Norway - Year-over-year growth 2024-2029 (%)
11.5 Denmark - Market size and forecast 2024-2029
- Chart on Denmark - Market size and forecast 2024-2029 ($ billion)
- Data Table on Denmark - Market size and forecast 2024-2029 ($ billion)
- Chart on Denmark - Year-over-year growth 2024-2029 (%)
- Data Table on Denmark - Year-over-year growth 2024-2029 (%)
11.6 Finland - Market size and forecast 2024-2029
- Chart on Finland - Market size and forecast 2024-2029 ($ billion)
- Data Table on Finland - Market size and forecast 2024-2029 ($ billion)
- Chart on Finland - Year-over-year growth 2024-2029 (%)
- Data Table on Finland - Year-over-year growth 2024-2029 (%)
11.7 Iceland - Market size and forecast 2024-2029
- Chart on Iceland - Market size and forecast 2024-2029 ($ billion)
- Data Table on Iceland - Market size and forecast 2024-2029 ($ billion)
- Chart on Iceland - Year-over-year growth 2024-2029 (%)
- Data Table on Iceland - Year-over-year growth 2024-2029 (%)
11.8 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Table on Market opportunity By Geographical Landscape ($ billion)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Accenture PLC
- Accenture PLC - Overview
- Accenture PLC - Business segments
- Accenture PLC - Key news
- Accenture PLC - Key offerings
- Accenture PLC - Segment focus
- SWOT
14.5 Atos SE
- Atos SE - Overview
- Atos SE - Business segments
- Atos SE - Key news
- Atos SE - Key offerings
- Atos SE - Segment focus
- SWOT
14.6 Capgemini Services SAS
- Capgemini Services SAS - Overview
- Capgemini Services SAS - Business segments
- Capgemini Services SAS - Key news
- Capgemini Services SAS - Key offerings
- Capgemini Services SAS - Segment focus
- SWOT
14.7 CGI Inc.
- CGI Inc. - Overview
- CGI Inc. - Business segments
- CGI Inc. - Key news
- CGI Inc. - Key offerings
- CGI Inc. - Segment focus
- SWOT
14.8 Dell Technologies Inc.
- Dell Technologies Inc. - Overview
- Dell Technologies Inc. - Business segments
- Dell Technologies Inc. - Key offerings
- Dell Technologies Inc. - Segment focus
- SWOT
14.9 DXC Technology Co.
- DXC Technology Co. - Overview
- DXC Technology Co. - Business segments
- DXC Technology Co. - Key news
- DXC Technology Co. - Key offerings
- DXC Technology Co. - Segment focus
- SWOT
14.10 Hewlett Packard Enterprise Co.
- Hewlett Packard Enterprise Co. - Overview
- Hewlett Packard Enterprise Co. - Business segments
- Hewlett Packard Enterprise Co. - Key news
- Hewlett Packard Enterprise Co. - Key offerings
- Hewlett Packard Enterprise Co. - Segment focus
- SWOT
14.11 Hitachi Ltd.
- Hitachi Ltd. - Overview
- Hitachi Ltd. - Business segments
- Hitachi Ltd. - Key news
- Hitachi Ltd. - Key offerings
- Hitachi Ltd. - Segment focus
- SWOT
14.12 Infosys Ltd.
- Infosys Ltd. - Overview
- Infosys Ltd. - Business segments
- Infosys Ltd. - Key news
- Infosys Ltd. - Key offerings
- Infosys Ltd. - Segment focus
- SWOT
14.13 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus
- SWOT
14.14 Ivanti Software Inc.
- Ivanti Software Inc. - Overview
- Ivanti Software Inc. - Product / Service
- Ivanti Software Inc. - Key news
- Ivanti Software Inc. - Key offerings
- SWOT
14.15 Microsoft Corp.
- Microsoft Corp. - Overview
- Microsoft Corp. - Business segments
- Microsoft Corp. - Key news
- Microsoft Corp. - Key offerings
- Microsoft Corp. - Segment focus
- SWOT
14.16 NNIT AS
- NNIT AS - Overview
- NNIT AS - Product / Service
- NNIT AS - Key offerings
- SWOT
14.17 Nokia Corp.
- Nokia Corp. - Overview
- Nokia Corp. - Business segments
- Nokia Corp. - Key news
- Nokia Corp. - Key offerings
- Nokia Corp. - Segment focus
- SWOT
14.18 Tata Consultancy Services Ltd.
- Tata Consultancy Services Ltd. - Overview
- Tata Consultancy Services Ltd. - Business segments
- Tata Consultancy Services Ltd. - Key news
- Tata Consultancy Services Ltd. - Key offerings
- Tata Consultancy Services Ltd. - Segment focus
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations