Manufacturing Applications Investment in Norway to 2014

Introduction

This databook provides forecast revenue opportunities for technology vendors in the Norwegian manufacturing industry.

Scope

• This databook provides Datamonitor's view of the software and services revenue opportunities for vendors in 16 manufacturing industries
• It provides an estimate of investment in 2008 and forecasts from 2008 to 2014, taking into account the global recession

Highlights

The investment in technologies in Norway by the manufacturing industry is estimated to be $242.5m in 2008, and is forecast to grow at a compounded annual growth rate (CAGR) of 3% over the 200814 period to reach a value of $290m.

Revenue opportunities for technology vendors are segmented into two portfolios: services and software. The revenue derived from services was estimated to be $168.8m in 2008, accounting for a share of 69.6% of the total market. This was followed by the revenue generated by the software segment, with an estimated $73.7m and a share of 30.4%.

The revenue derived via services is expected to reach $201m in 2014, with a CAGR of 3% between 2008 and 2014. Software revenue opportunities are expected to reach a value of $89m in 2014, with a CAGR of 3.2% across the same period.

Reasons to Purchase

• Develop business strategies by analyzing the spending patterns among various industries in the manufacturing applications market in Norway
• Design effective marketing and sales strategies by identifying key and fast growth industries
• Make informed business decisions through an understanding of the overall spending trends in the software and services segment