In 2023, the number of enterprises in Germany's market research and public opinion polling sector was approximately 1.38 thousand. From 2024 onwards, a consistent declining trend is seen with the number of enterprises reducing annually by about 0.02 thousand. The Year-on-Year variation indicates a steady decrease. The five-year CAGR shows an average annual decline of approximately 1.47% over this period.
Looking ahead, the factors to watch in this sector include:
- Technological advancements and their impact on traditional market research methodologies.
- Economic conditions influencing corporate budgets for market research services.
- Regulatory changes, especially concerning data privacy and usage.