The value added of computer, electronic, and optical products in Germany has seen a consistent increase from 32.41 billion euros in 2013 to 46.91 billion euros in 2023. Post-2018 experienced notable fluctuations, with a peak in 2020 at 46.46 billion euros, followed by marginal decreases in 2021 and 2022, before a minor rise of 1.89% year-on-year in 2023. Over the last two years, the value showed high variability yet remained relatively stable around 46 billion euros. The compound annual growth rate (CAGR) over the last five years was modest at 1.61%.
Future trends to watch for:
- Continued technological advancements driving demand.
- Potential impacts of supply chain disruptions.
- Policy changes influencing production and investment.
- Increasing competitions and innovations in the sector.
