The number of persons employed in Computer Consultancy Services in Germany increased from 149.84 thousand in 2013 to 270.42 thousand in 2023. The employment figures showed substantial growth with varying rates of year-on-year variation, peaking in 2016 with a 14.37% increase. In recent years, the growth has moderated, exhibiting a 3.66% increase in 2023. The five-year CAGR from 2018 to 2023 registered at 4.09%. Forecasts suggest continued growth, with the sector expected to employ 316.78 thousand individuals by 2028, indicating a forecasted five-year CAGR of 2.51% and an overall growth of 13.18% over this period.
Future Trends to Watch For:
- Adoption of advanced technologies such as AI and machine learning.
- Increased demand for cybersecurity expertise.
- Growing reliance on cloud-based consultancy solutions.
- Potential impact of automation on employment levels.
- Shifts in global economic conditions affecting industry growth rates.
