The production volumes of advertising and market research; other professional, scientific and technical activities; veterinary activities in Germany are projected to grow steadily from 2024 to 2028. In 2023, this sector's production volume stood at 57.25 billion Euros. The forecast from 2024 to 2028 indicates a consistent annual growth rate, with values rising from 57.75 billion Euros in 2024 to 59.8 billion Euros by 2028. This increase reflects a year-on-year growth of approximately 0.9% to 1%. Over the five-year forecast period, the compound annual growth rate (CAGR) is modest, suggesting stable market conditions.
Future trends to watch for:
- Technological advancements boosting efficiencies in services.
- Shifts in consumer behavior impacting advertising and market research demand.
- Integration of AI and data analytics in professional and technical activities.
- Changes in regulatory environments affecting veterinary activities.
