The data on employee hours in the IT services sector in Germany shows a consistent upward trend from 2013 to 2023. In 2023, the sector stood at 1610 million hours. The year-on-year growth rate varied, with notable spikes in years like 2017 (6.47%) and 2019 (7.06%). The Compound Annual Growth Rate (CAGR) over the last five years leading up to 2023 averaged around 6.01%, indicating a robust growth trajectory.

Looking ahead, forecast data from 2024 to 2028 suggests a gradual increase with a 5-year forecasted CAGR of 3.14% and an overall growth rate of 16.75% by 2028. Such continuity in growth emphasizes the sector's resilience and potential for expansion.

Future trends to watch for:

Adoption of emerging technologies like AI and blockchain could further accelerate growth.
Increased digital transformation efforts across industries may drive higher demand for IT services.
Talent shortages and skill gaps may pose challenges to sustaining growth rates.