EITO: Swedish IT Investments 2001

Sweden invested more in information technology in relation to GNP than any other nation in Europe, and even more than the US and Japan, in 2001. In addition, on a per capita basis, Sweden invested more than any other nation, although the investment rate has decreased. These are some of the conclusions drawn at the European Information Technology Observatory (EITO) 2002, an annual compilation of statistics of IT investments in the EU nations, plus Norway, Switzerland, the US and Japan.

The Swedish IT market increased in 2001 by E1bn, according to EITO, climbing to a total value of EUR 22.6bn. The IT market within Western Europe increased 5.1% to EUR 642bn, while the US market grew just 0.5%. Japan’s growth was 5.3%. Sales of mobile phones and other communications equipment increased 9.3% in Sweden, but declined 1.3% in Western Europe as a whole. Sales in the telecommunications sector were up 8.9% in Sweden compared with 6.4% in Western Europe.

Growth in other sectors, however, was slower in Sweden than the rest of Europe. Sales of IT services were up 4.6% in Sweden and 8% in Western Europe. Software sales were up 4% in Sweden and 8% in Western Europe. Operator services were up at the same rate in Sweden as the rest of Europe, at 9.5%.

EITO estimated growth of the Swedish IT market at 4.8% for 2002, compared with 5.4% for Western Europe. It is estimated that sales of mobile phones and communications equipment will continue to rise in Sweden during 2002, up 11.6%, while for Western Europe the figure is 3%. Operator services are also forecast to grow at a greater rate in 2002, up 7.9%, compared with 6.7% growth in Western Europe.

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