This IDC Market Forecast analyzes and sizes the Nordic enterprise applications market for 2015-2017, with a forecast for 2018–2022. The study segments the enterprise applications market into primary market (five markets), functional market (four to eight markets, depending on primary market), deployment model (SaaS and on-premise), and country. This forecast is the first for the Nordic market and follows up on the market forecast for Western Europe (Western Europe Enterprise Resource Management Applications Forecast, 2018–2022 — IDC #EMEA42676518, September 2018).
"The enterprise applications market in the Nordic countries had strong growth in 2017. Investments in digital transformation and strong interest in cloud deployments continued to drive new deployments across the Nordics," said Martin Sundblad, research manager, IDC. "There is still a need in many organizations to replace existing legacy processes and enterprise systems, and we expect this trend of replacement and legacy renewal to continue for the next few years. The momentum for ever-more intelligent and interpretative enterprise applications as well as the continued combination of process automation and data analysis will be main drivers in the Nordic enterprise applications market."