Key regions: Europe, United States, United Kingdom, Australia, Brazil
Norway, known for its stunning natural landscapes and high living standards, has also been experiencing a notable development in its Venture Capital market.
Customer preferences: In recent years, Norwegian investors have shown a growing interest in Venture Capital as an alternative investment option. This can be attributed to several factors, including the potential for high returns and the opportunity to support innovative startups and technologies. Additionally, the younger generation of investors in Norway is more open to taking risks and investing in early-stage companies, further driving the demand for Venture Capital.
Trends in the market: One of the key trends in the Norwegian Venture Capital market is the increasing number of investments in the technology sector. Norway has a thriving tech startup ecosystem, with companies focusing on areas such as renewable energy, fintech, and healthcare technology. This trend is driven by the country's strong expertise in these sectors and the government's support for innovation and entrepreneurship. Another trend is the rise of impact investing in Norway. Investors are increasingly seeking opportunities to make a positive social or environmental impact alongside financial returns. This aligns with Norway's commitment to sustainability and its focus on responsible investment practices. As a result, there has been a surge in Venture Capital funds dedicated to supporting startups that address social and environmental challenges.
Local special circumstances: Norway's strong economy and stable political environment provide a favorable backdrop for the growth of the Venture Capital market. The country has a high level of disposable income and a well-educated population, which creates a conducive environment for investment. Additionally, the government has implemented policies to support startups and innovation, such as tax incentives and grants, further stimulating the Venture Capital ecosystem.
Underlying macroeconomic factors: The Norwegian Venture Capital market is also influenced by broader macroeconomic factors. For instance, low interest rates have made traditional investment options less attractive, prompting investors to seek higher returns in alternative asset classes like Venture Capital. Furthermore, the global trend of digitalization and technological advancements has created opportunities for Norwegian startups to scale and attract investment. In conclusion, the Venture Capital market in Norway is experiencing significant growth due to changing customer preferences, including a willingness to invest in early-stage companies and a focus on impact investing. The market is characterized by a strong interest in technology startups and a supportive government ecosystem. Additionally, favorable macroeconomic factors, such as low interest rates and the global trend of digitalization, contribute to the development of the Venture Capital market in Norway.
Data coverage:
Data encompasses B2B and B2C enterprises. Figures are based on the amount of capital raised, the average of deal size and the number of deals.Modeling approach / Market size:
Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use data from OECD, annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, CPI, number of small and medium-sized enterprises (SME), new businesses registered (number) . This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
