This study updates IT market trends found in the four Nordic markets — Sweden, Denmark, Norway, and Finland. The most recent financial developments in the four countries are highlighted as well as major market developments in hardware, software, and services. New data and forecasts are provided for the size of all product markets in the Nordic countries.
"Due to the turbulence in the eurozone and the Nordic countries' dependence on the export industry, the situation has deteriorated severely in the last quarter. We believe that the situation needs to stabilize before we will see a more positive buyer sentiment," said Nils Molin, managing director, IDC Sweden. "Until then, we expect that few new large-scale projects will be started, and should the situation become worse, ongoing projects will eventually be stopped."
Nordic Quarterly Executive Service, 3Q11
August 10, 2011
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