The value added of computer programming and consultancy in Germany has grown steadily from 2013 to 2023, reaching 92.67 Billion Euros in 2023. The annual growth rate varied, peaking at 12.23% in 2018. However, growth decelerated considerably in recent years, with a year-on-year increase of only 3.05% in 2023. The five-year CAGR from 2018 to 2023 was 3.65%, indicating a slowing momentum.

From 2024 onwards, the industry is expected to continue growing but at a more moderate pace. The forecasted five-year CAGR is 2.02%, culminating in an overall growth rate of 10.54% to 2028.

Trends to watch for include:

Increased focus on digital transformation across industries, driving demand for consultancy services.
Adoption of emerging technologies like AI, machine learning, and blockchain.
Growth in cybersecurity needs, necessitating specialized programming services.
Regulatory changes and economic conditions impacting spending on IT services.