Sweden is an advanced nation known for its high-tech market, so it should come as no surprise that business opportunities in Sweden are geared toward tech-savvy companies.
If your team has the knowledge and skills to stand proud alongside Swedish engineers and techies, keep reading to learn about 4 big opportunities for U.S. companies in Sweden.
1. Information Technology (IT)
Sweden is an IT superstar, consistently ranked among the top countries in the world in terms of networked readiness, global connectedness, and ability to use the Internet to improve people’s lives.
However, this doesn’t mean there’s no room left for U.S. companies. Providing IT solutions to growing industries like education, healthcare, and business infrastructure and services presents a huge opportunity for techies interested in the Swedish market.
2. Healthcare and the Life Sciences
The healthcare industry is one of the biggest and fastest-growing on the planet. Healthcare is an especially profitable field in highly-developed countries like Sweden, where advances in technology and an aging population present new opportunities to improve the human condition.
Better yet, Sweden enjoys the highest per capita expenditures on life science research in Europe, creating an enviable environment for pharmaceutical companies and other players in the healthcare field.
3. Renewable Energy
As illustrated by viral international news reports that that Sweden has run out of garbage, Sweden’s commitment to renewable energy and sustainable living is difficult to rival.
As the country continues to move toward an even “greener” future, business opportunities in Sweden are plentiful for companies interested in the following areas:
Bioenergy
Biofuels
Solar power
Wind power
Geothermal heating
Waste-to-energy systems
Sustainable wastewater treatment
Electric vehicles
4. Manufacturing and Materials Technology
With plentiful natural resources, highly-skilled engineers, and a network of R&D centers focused on materials, Sweden is an attractive location for many players in the industrial and engineering arenas, especially those who wish to develop and test new materials.
This is particularly true for companies interested in cutting-edge areas like nanomaterials, bionanotechnology, and nanoelectronics. American companies looking to enter the nanotech field may wish to begin by reviewing a listing of nanotechnology companies in Sweden.
As you can see, many of the leading business opportunities in Sweden for U.S. companies are in fields that are becoming increasingly important all over the world. That should also come as no surprise, since Sweden tends to be on the cutting edge of research and innovation.
One last thing before you go: I have a professional background in IT myself, so if you are interested in pursuing the first of the business opportunities in Sweden listed here, please stop by my software and website localization page to find out how I can become a valuable member of your team.
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