Norway’s technology sector increased revenue by 7.3 percent to 608 billion Norwegian kronor in 2025, while operating profit rose 46 percent to 33.6 billion. This is shown by an analysis from Azets Consulting, according to a press release.
The number of full-time employees increased 5.0 percent to 126,084.
At the same time, the number of technology companies declined for the first time in ten years, by 53 to 4,144.
Eight companies accounted for 70 percent of profit growth, according to Azets’ Tech Analysis this year.
