In 2023, the Manufacture of Communication Equipment sector in Germany had approximately 20,300 employees. Forecasts indicate a decreasing trend in employment numbers from 2024, with the number expected to drop to 13,180 by 2028. This represents a year-on-year decline of approximately 7.55% from 2024 to 2028. The compound annual growth rate (CAGR) signals an average reduction of around 8.17% each year over the forecast period.
Future trends to watch for include increased automation and shifts towards digital transformation, which may continue to impact employment negatively. Policy changes and investment in new technologies could alter this trend significantly, offering new opportunities for growth.