Tech sector showing signs of improvement - a sign of turnaround for the Swedish economy
Investment and start-ups in tech are on the rise, according to the latest Tech Temperature from TechSverige. This could have a major impact on the economic recovery.
The forecasts for the Swedish economy point to a cautious turnaround, but challenges remain with global uncertainty and trade policy tensions. In this context, tech is one of the sectors now showing clear growth.
Venture capital investment rose by 46% in the first half of 2025 and start-ups increased by 7% - equivalent to over 6,000 new tech companies in the past year. At the same time, turnover has grown strongly in several segments, reflecting both the recovery and concerns about upcoming tariffs.
- Investments in AI and cybersecurity continue to grow, while funding is improving. These are positive signals that can help restart the economy," said Christina Ramm-Ericson.
At the same time, challenges remain. The number of people employed in the sector was 7 000 fewer in the first half of 2025 compared to the previous year.
While layoffs have decreased, employment remains subdued, while many companies have a great need for cutting-edge skills in areas such as AI and cybersecurity. "It's a paradox: we have both declining employment and a shortage of key skills. There is a clear matching problem here that we must solve together, not least by training more people, but also by being able to attract international excellence. Otherwise, Sweden risks falling behind," says Christina Ramm Ericson.
The fact that the tech sector is moving towards a more positive trend may indicate a broader recovery.
- "The fact that we are now seeing increased investment and turnover in tech is not only good news for our industry - it is also a signal that the economy may be entering a more positive phase. Tech is a growth engine for the entire business community: when tech grows, Sweden grows," says Christina Ramm Ericson.
While the tech sector is showing signs of improvement, there are important choices ahead.
- Our prosperity is built on the ability to embrace new technologies and innovation. But increasing competition and changing trade conditions mean that both Sweden and Europe are facing crucial choices. Sweden has momentum that risks being lost if we do not act. Investments are now needed that provide long-term conditions for tech to continue to be a driving force in the Swedish economy and for the jobs of the future - something we hope to see in the government's upcoming budget proposal," says Christina Ramm-Ericson.