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Sweden Information Technology Report Q1 2016

Sweden Information Technology Report Q1 2016

BMI View: The Swedish IT market has a bright outlook for a developed market due to a supportiveeconomic environment and advanced composition of the enterprise segment. We believe this will drivegrowth in spending on new technologies such as advanced cloud computing services, and software andservices required for the Internet of Things. We also highlight the potential for Sweden to be a leadingadopter of labour saving smart automation and assistant technologies as a result of high labour costs andits status as a leading innovator, but this trend would be concentrated in the latter years of ourforecast. Meanwhile, despite maturity, we consider there to be opportunities in the retail market wherestrong private consumption growth has the potential to trigger premium device upgrades over the mediumterm. BMI forecasts a CAGR of 4.3% over 2015-2019 for the IT market as a whole.

Latest Updates & Industry Developments

Computer Hardware Sales: Forecast to increase from SEK22.8bn in 2016 to SEK24.9bn in 2019. Thematurity of the market with high penetration even for tablets means the boom has passed, but incomegrowth trends and a preference for premium products will support growth.

Software Sales: Forecast to increase from SEK38.7bn in 2016 to SEK42.6bn in 2019. Software spendingoutlook is bright across several verticals in Sweden, with advanced real-time enterprise applicationsexpected to exhibit the strongest growth.

IT Services Sales: Forecast to increase from SEK70.3bn in 2016 to SEK82.2bn in 2019. Sweden is aleading European market for cloud service adoption and further growth will drive IT service spendinghigher over the medium term, while the Internet of Things adds to the growth outlook.

BMI Industry View
Industry Forecast
Recent Developments
Structural Trends
Table: IT Industry - Historical Data And Forecasts (Sweden 2012-2019)
Industry Risk/Reward Index
Table: Europe IT Risk/Reward Index, Q1 2016
Market Overview
Recent Developments
Cloud Computing
Table: Cloud Vendor Developments
IT Services
Industry Trends And Developments
Table: Tele2 Global M2M Platform Developments
Regulatory Development
Table: IT Regulatory Authority
Competitive Landscape
Table: Tieto
Local Companies
Table: Cention
Table: IFS
Table: ReadSoft
Table: Syncron International
Regional Overview
Demographic Forecast
Table: Population Headline Indicators (Sweden 1990-2025)
Table: Key Population Ratios (Sweden 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Sweden 1990-2025)
Table: Population By Age Group (Sweden 1990-2025)
Table: Population By Age Group % (Sweden 1990-2025)
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: IT Risk/Reward Index Indicators
Table: Weighting Of Components

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