Nordics Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)

The Nordics Digital Transformation Market Report is Segmented by Type (Analytics, Artificial Intelligence, and Machine Learning, Extended Reality (XR), Iot, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, and Other Types [Digital Twin, Mobility, and Connectivity]), End-User Industry (Manufacturing, Oil, Gas and Utilities, Retail and E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, and Other End-User Industries), and Country (Denmark, Norway, Sweden, and Other Countries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Segments.

Nordics Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)

Nordics Digital Transformation Industry Overview

The Nordics digital transformation market is fragmented, with major players like Microsoft, IBM, and Ericsson, among others. Players in the market are adopting strategies like mergers, partnerships, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • In April 2024, Oracle and Palantir introduced a partnership to offer advanced cloud and AI solutions aiming to power businesses and governments globally. Oracle’s distributed cloud and AI infrastructure, combined with Palantir’s key AI and decision acceleration platforms, will assist the organizations in maximizing the value of their data, which will contribute to increasing efficiency, addressing sovereignty requirements, and helping them outpace adversaries.
  • In March 2024, Denmark is poised to revolutionize its technological landscape via a collaboration with multinational corporation NVIDIA, which intends to create a national center for AI innovation. The partnership, led by the Novo Nordisk Foundation and the Export and Investment Fund of Denmark (EIFO), indicates a strategic move to augment Denmark to the forefront of advanced technology usage. Through this collaboration, Danish researchers, both from the public and private sectors, will gain access to an NVIDIA AI supercomputer tailored for large-scale AI projects. Additionally, they will take advantage of NVIDIA's software platforms, specialized training, and expert guidance, marking the beginning of an advanced phase in scientific research and innovation.

Nordics Digital Transformation Market Leaders

  1. Volvo Group

  2. Telia Company

  3. Telefonaktiebolaget LM Ericsson

  4. Microsoft Corporation

  5. IBM Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Nordics Digital Transformation Market Concentration