(MENAFNEditorial)
The Swedish IT market benefits from its strong local development of ICT companies world-leading telecoms infrastructure and highly advanced economy. This evidenced by the performance of companies such as Zenterio which is planning an IPO in 2015. Strong private consumption is expected to be the key growth driver in Sweden in 2015 with potential upgrade opportunities in this mature market. Meanwhile we identify data centres cloud computing and real-time business software and services as medium-term growth trends in Sweden. We also 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. BMI forecasts compound annual growth rate (CAGR) of 4.1% over 2014-2019 for the sector.
Full Report Details at
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Headline Expenditure Projections
* Computer Hardware Sales: Forecast to increase from SEK26.5bn in 2015 to SEK30.3bn in 2019 corresponding to a CAGR of 3.5% in local currency terms. The tablet boom has passed Sweden by 2015 limiting growth prospects but it will remain a lucrative market with strong demand for premium products.
* Software Sales: Forecast to increase from SEK39.1bn in 2015 to SEK44.9bn in 2019 corresponding to a CAGR of 3.5% in local currency terms. Expenditure on enterprise resource planning is expected to pick up from 2015 with deferred investments supplementing underlying demand.
* IT Services Sales: Forecast to increase from SEK60.8bn in 2015 to SEK75.0bn in 2018 corresponding to a CAGR of 5.4% in local currency terms. Sweden is a leading European market for cloud service adoption and further growth will drive IT service spending higher over the medium term.
Key Trends And Developments
Sweden's machine-to-machine (M2M) communications market is advanced in a regional and global context with the strength of local telecoms operators networks and IT service provider capabilities a catalyst for Sweden to become a...
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.
Key Benefits
* 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).
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts views and trend analysis covering IT regulatory changes major investments and projects and significant national and multinational company developments.
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the IT sector and within the broader telecommunications political economic and business environment.
BMI Industry Forecast
Historic data series (2010-2013) and forecasts to end-2019 for all key industry and economic indicators supported by explicit assumptions plus analysis of key downside risks to the main forecast including:
* IT Sector: Industry value (USDmn); IT sector contribution to GDP (%); value of hardware software and services industry (USDmn); PC peripherals and software imports and exports (USDmn); PC peripherals and software sales (USDmn); number of PCs (‘000); PCs per 100 inhabitants; internet users (‘000); internet users per 100 inhabitants; broadband subscribers (‘000); broadband subscribers per 100 inhabitants.
* Economy: Economic growth (%); nominal GDP (USDbn); unemployment (%); interest rates (%); exchange rate (against USD).
Information Technology Risk Reward Index
BMI’s Risk Reward Indices provide technology manufacturers service providers and IT vendors/leasing agents looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic data points to provide indices of highest to lowest appeal to investors with each position explained.
Country Market Overview
Structure size and value of the industry sectors including hardware software and services; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments and government authority.
BMI Macroeconomic Forecast
BMI forecasts for all headline macroeconomic indicators to end-2019 including real GDP growth inflation fiscal balance trade balance current account and external debt.
Competitive Landscape
Full analysis of the competitive landscape within the hardware software and services sectors.
Company Profiles*
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles enabling a full evaluation of recent company performance and future growth prospects.
Regional Overview
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