Forecast: Value Added of ICT Services in Germany

In 2023, the value added of ICT services in Germany stood at 10.6 billion euros. From 2024, the data indicates forecasted values, with an estimated growth to 10.81 billion euros. This represents a year-on-year increase of approximately 1.98%. Looking at 2025, the value is projected to reach 11.02 billion euros, marking a 1.94% increase from the previous year. The upward trend continues with projections of 11.22 billion euros for 2026 (1.81% increase) and 11.42 billion euros for 2027 (1.78% increase).

It's useful to note that the Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2027 is about 1.87%, reflecting a steady but moderate growth in the ICT services sector.

Future trends to watch for include advancements in AI and machine learning, which are expected to drive further value within the ICT services sector. Additionally, increasing digitalization across industries and the evolution of 5G technology could contribute significantly to the sector's expansion in the coming years.

Top Countries about IT Consulting