Report Published: "Sweden Information Technology Report Q3 2016"
New Computer Technology research report from Business Monitor International is now available from Fast Market Research
[ClickPress, Tue Jun 21 2016] Sweden is both a high- value IT hardware market and has a favourable enterprise mix that is behind high levels of spending on software and services. Maturity limits the growth potential of the hardware segment, but purchasing power gains from kron er appreciation and replacement spending should keep the market in growth. Meanwhile, the software and services segments are forecast to outperform, with data analytics and cloud computing areas of strong growth, and we 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. For the IT market as a whole , BMI forecasts a CAGR of 4.2% over 201 6 -2020 .
Latest Updates And Industry Developments
Computer Hardware Sales: Forecast to increase from SEK22.8bn in 2016 to SEK25.5bn in 2020. The market has plateaued in recent years as a result of PC market saturation (including tablets), but purchasing power gains are expected to drive stronger replacement spending over the medium term.
Software Sales: Forecast to increase from SEK38.7bn in 2016 to SEK43.8bn in 2020. Advanced real-time enterprise applications expected to outperform, while vertical specific solutions are also forecast to be a bright spot.
IT Services Sales: Forecast to increase from SEK70.3bn in 2016 to SEK86.2bn in 2020. Sweden is at the forefront of innovation in cloud services and Internet of Things solutions, and these areas are forecast to be important medium term growth drivers.
Full Report Details at
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.
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.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).
BMI Industry View
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