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Sweden's services market is a thriving hub for innovation, with a projected revenue of SEK 1,825 billion in 2023. This vibrant market boasts a steady annual growth rate of 4.2%, expected to reach SEK 2,220 billion by 2028, offering attractive opportunities for service providers.
Government Procurement: A Catalyst for Growth
The Swedish government actively fuels growth by significantly investing in services like IT, healthcare, and environmental technology. This translates into substantial opportunities for service providers, driving innovation and promoting sustainable solutions.
Main Services Products:
IT Services: IT services dominate the Swedish services market, accounting for a projected SEK 748 billion in 2023. This includes software development, cloud computing, and cybersecurity services.
Business Services: Business services, including professional and management consulting services, represent a significant portion of the market, projected to reach SEK 412 billion in 2023.
Healthcare & Social Services: Healthcare and social services are another major segment, expected to reach SEK 352 billion in 2023. This includes hospitals, clinics, and social care services.
Top Authorities:
Swedish Agency for Government Administration (Kammarkollegiet): Oversees overall government procurement policies and regulations.
Upphandlingsmyndigheten (UM): Serves as the central purchasing agency for the government.
Verva: Provides support and guidance to public procurement officials.
Top Winners:
Ericsson: Leading global IT and communications company.
Capgemini: Major IT services and consulting provider.
ISS Facility Services: Leading facilities management provider.
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