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Software in Scandinavia

Publisher MarketLine
Published Oct 16, 2025
Length 49 Pages
SKU # MTLN20768524

Description

Software in Scandinavia

Summary

Software in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations. The market value represents the revenue generated from sales and subscriptions of various software packages and offerings. It includes both signed deals that remain under contract and the annual revenues associated with new contracts signed within a specific calendar year. This excludes sales opportunities for third-party service providers.
  • The Scandinavian software market recorded revenues of $15.7 billion in 2024, representing a compound annual growth rate (CAGR) of 8.6% between 2019 and 2024.
  • The business process applications segment accounted for the market's largest proportion in 2024, with total revenues of $4.3 billion, equivalent to 27.3% of the market's overall value.
  • The expansion of Scandinavia’s software market is driven by robust government initiatives and rapid digitalization across sectors. National and regional programs such as Sweden’s Digital Strategy, Denmark’s National Digitalization Partnership, and Finland’s Digital Compass 2030 are promoting enterprise transformation through advanced ERP, CRM, and business process applications.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in Scandinavia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in Scandinavia
  • Leading company profiles reveal details of key software market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Scandinavia software market with five year forecasts
Reasons to Buy
  • What was the size of the Scandinavia software market by value in 2024?
  • What will be the size of the Scandinavia software market in 2029?
  • What factors are affecting the strength of competition in the Scandinavia software market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Scandinavia's software market?

Table of Contents

49 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading payers?
8 Company Profiles
8.1. Oracle Corp
8.2. Microsoft Corp
8.3. International Business Machines Corp
8.4. SAP SE
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Scandinavia software market value: $ million, 2019-24
Table 2: Scandinavia software market category segmentation: % share, by value, 2019-24
Table 3: Scandinavia software market category segmentation: $ million, 2019-24
Table 4: Scandinavia software market geography segmentation: $ million, 2024
Table 5: Scandinavia software market value forecast: $ million, 2024-29
Table 6: Oracle Corp: Key Facts
Table 7: Oracle Corp: Annual Financial Ratios
Table 8: Oracle Corp: Key Employees
Table 9: Oracle Corp: Key Employees Continued
Table 10: Microsoft Corp: Key Facts
Table 11: Microsoft Corp: Annual Financial Ratios
Table 12: Microsoft Corp: Key Employees
Table 13: Microsoft Corp: Key Employees Continued
Table 14: Microsoft Corp: Key Employees Continued
Table 15: International Business Machines Corp: Key Facts
Table 16: International Business Machines Corp: Annual Financial Ratios
Table 17: International Business Machines Corp: Key Employees
Table 18: International Business Machines Corp: Key Employees Continued
Table 19: SAP SE: Key Facts
Table 20: SAP SE: Annual Financial Ratios
Table 21: SAP SE: Key Employees
Table 22: SAP SE: Key Employees Continued
Table 23: Scandinavia Exchange Rate, 2019-24
List of Figures
Figure 1: Scandinavia software market value: $ million, 2019-24
Figure 2: Scandinavia software market category segmentation: $ million, 2019-24
Figure 3: Scandinavia software market geography segmentation: % share, by value, 2024
Figure 4: Scandinavia software market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the software market in Scandinavia, 2024
Figure 6: Drivers of buyer power in the software market in Scandinavia, 2024
Figure 7: Drivers of supplier power in the software market in Scandinavia, 2024
Figure 8: Factors influencing the likelihood of new entrants in the software market in Scandinavia, 2024
Figure 9: Factors influencing the threat of substitutes in the software market in Scandinavia, 2024
Figure 10: Drivers of degree of rivalry in the software market in Scandinavia, 2024

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