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The Norwegian services market is booming, with a projected revenue of US$143.7 billion by 2028. This represents a strong 5.9% annual growth rate, fueled by:
Strong focus on innovation and technology adoption
Rising demand for IT and professional services
Government support for the services sector
High disposable incomes and consumer spending
The services sector now accounts for over 70% of Norway's GDP, highlighting its crucial role in the economy.
Public Sector Invests in Services: Procurement in Norway
The Norwegian government is a major player, with total expenditure on services reaching US$27.6 billion in 2022. This is expected to grow to US$37.5 billion by 2028, reflecting a 4.3% annual increase.
The government prioritizes sustainability, innovation, and digitalization in its procurement decisions, driving demand for related services.
The Norwegian government primarily procures the following services:
IT and telecommunication services: for e-government solutions, cybersecurity, and cloud computing.
Construction and engineering services: for infrastructure projects like roads, bridges, and renewable energy initiatives.
Professional and consulting services: for project management, policy development, and research.
Healthcare and education services: to provide quality services to citizens.
Facility management and security services: for maintaining government buildings and ensuring public safety.
Navigating the Norwegian government procurement landscape involves understanding key authorities:
Ministry of Finance: Oversees public finances and approves government budgets.
Difi (Directorate for Public Management and eGovernment): Regulates and oversees government procurement processes.
Statens Innkjøpssenter (Central Purchasing Body): Conducts centralized procurement for common goods and services.
Sector Ministries: Responsible for specific government functions and procurement within their respective areas.
Some of the top winners of Norwegian government services procurement include:
Telenor: A major telecommunications company offering network infrastructure and technology solutions.
Equinor: A multinational energy company providing oil and gas resources and related services.
Aker Solutions: A leading engineering and construction company.
KPMG Norway: A global consulting firm offering professional services.
PwC Norway: Another global consulting firm providing professional services and business solutions.
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