The Computers and Peripheral Equipments market in Germany has shown fluctuating trends over the past decade, ranging from a low of 20.549 billion euros in 2016 to a peak of 22.174 billion euros in 2021. Following a year-on-year decline of 4.81% in 2020, the market rebounded strongly with a 7.87% increase in 2021. The most recent data from 2022 indicates a slight decline of 1.52%, placing the market value at 21.838 billion euros.
Over a longer period, the market has generally trended upwards, although it has experienced periodic setbacks. The compound annual growth rate (CAGR) over the last five years stands at a modest 0.62%, reflecting the market's gradual recovery and inherent volatility.
Future trends to watch for include the impact of emerging technologies such as artificial intelligence, edge computing, and the continued rise of remote work solutions, which can drive demand for innovative computer hardware and peripheral equipment.
How does Germany rank in Computers and Peripheral Equipments Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21,934,000,000 | 2023 | +0.44% | +0.5% | |
| 2 | 2 United Kingdom | 17,649,000,000 | 2023 | -1.55% | -1.52% | View data |
| 3 | 3 France | 12,968,000,000 | 2023 | +0.35% | +0.83% | View data |
| 4 | 4 Italy | 7,169,300,000 | 2023 | +0.069% | +1.33% | View data |
| 5 | 5 Spain | 5,921,500,000 | 2023 | +1.94% | -0.12% | View data |
