Key Market Indicators
German Computer Hardware Revenue is projected to plummet to €1.8 billion by 2028, a significant drop from €3.3 billion in 2023. This decline represents an average annual decrease of 9.7%. The German market has been on a downward trajectory since 2013, with an annual decline of 10.2%. In global rankings for 2023, Germany secured the second position, with the Czech Republic surpassing it, also generating €3.3 billion in revenue. Following Germany, the United Kingdom and Italy took the third and fourth spots, respectively. On the export front, German Computer Hardware exports are forecasted to reach approximately $4.1 billion by 2028, up from $3.8 billion in 2023. This represents an annual growth rate of 1.2%. Since 1996, Germany's exports have seen a steady annual increase of 1.6%. Similarly, imports of German Computer Hardware are expected to grow, reaching about $6.3 billion by 2028, up from $5.8 billion in 2023. This marks an annual growth rate of 1.2%. German demand for computer hardware has been on an upward trend since 1996, with an annual increase of 1.7%.
