New Report: Technology-Intensive Consultants Boost Sweden’s Innovation and Competitiveness
Technology-intensive consulting firms play a crucial role in Sweden’s capacity for innovation, transition, and competitiveness. This is shown in TechSverige’s new report, which highlights the consulting industry’s importance to the economy as a whole, as well as the challenges the industry now faces.
In an era of rapid technological advancement, geopolitical uncertainty, and sweeping transformation in both the private and public sectors, access to specialized expertise is crucial. This is where technology-intensive consulting firms play a central role.
A new report from TechSverige shows that technology-intensive consulting firms contribute over 340 billion kronor to Sweden’s GDP and employ more than 300,000 people. In 2024, the number of companies in the industry stood at approximately 157,000.
Consulting firms serve as a bridge between concept and implementation. They provide specialized expertise, put new technologies into practice, and boost productivity in other sectors of the economy. This is particularly true in areas such as AI, cybersecurity, digital infrastructure, the energy transition, and defense.
Technology-intensive consulting firms are a driving force behind innovation, transformation, and growth across the entire economy.
“Technology-intensive consulting firms are key drivers of innovation, transformation, and growth across the entire economy. When companies, government agencies, municipalities, and regions need cutting-edge expertise quickly, consultants are often absolutely essential,” says Einar Humlin, Chief Negotiator atTechSverige.
At the same time, the report shows that the industry is facing challenges. After several years of strong growth, the market has slowed down, while costs are rising and new regulations are creating uncertainty. TechSverige specifically highlights the effects of the 24-month rule in the Temporary Employment Act, the EU Platforms Directive, and proposals to reduce working hours.
“If Sweden is to remain competitive in a knowledge-intensive economy, we need regulations that support—not hinder—companies that contribute expertise, flexibility, and innovative capacity. Otherwise, we risk losing both skilled workers and jobs,” says Einar Humlin.
Key findings from the report:
- Technology-intensive consulting firms contributed343 billion kronorto Sweden’s GDP in 2023
- The industry employsover 300,000 people
- The technology-intensive consulting market generated revenue of859 billion kronorin 2024
- The number of businesses stood at approximately157,000in 2024
- Sweden has the largest technology-intensive consulting sector in the Nordic region relative to GDP