Forecast: Wages and Salaries of Software Publishing in Germany

The wages and salaries in the software publishing sector in Germany reached 1.09 Billion Euros in 2023, reflecting a stable 3.02% year-on-year increase. The trend over the last two years shows a consistent, albeit modest, growth, with the wages rising by 3.22% in 2022 and 3.02% in 2023. The CAGR over the last five years (2019-2023) stands at 2.77%, indicating moderate annual growth in this period.

Looking ahead, the forecast data suggests that wages and salaries will continue to increase gradually, reaching an estimated 1.23 Billion Euros by 2028. The forecasted CAGR from 2024 to 2028 is 1.93%, with an overall projected growth rate of 10.02% over these five years. This indicates that while growth will persist, it is expected to be more moderate than in earlier years.

Future trends to watch for include:

• Potential impacts of technological advancements and automation on employment and wage levels
• Changes in demand for specialized software publishing skills
• Global economic conditions influencing the software publishing industry
• Government policies and regulations that may affect the sector
• Innovation-driven demand and the growth of emerging tech sectors