Figure of the day: Application Services in Denmark

Figure of the day: Application Services in Denmark

According to PAC, Application-related services (consulting, system integration, training and application management) will generate a €2.4bn market in 2021 in Denmark, making it the tenth largest market in Western Europe.

Following a moderate 4.2% decline in 2020, the Danish market is expected to recover in 2021 and accelerate in the coming years, thus exceeding the 2019 level as soon as in 2022. 

Denmark represents the second largest among the Nordics markets, generating 22% of the region, well behind Sweden (42%), however ahead of Finland (19%) and Norway (18%). The region as a whole proved to be significantly more resilient than the European average.

More details in our market figures & forecasts on SITSI: