Forecast: ICT Industry Employment in Germany

The ICT industry employment in Germany, expressed as a percentage of total employment, is forecasted to rise steadily from 3.43% in 2024 to 3.7% by 2028. Compared to the baseline value of 3.36% in 2023, the forecast shows a consistent year-on-year increase in the range of 2-2.1%. Over the past couple of years, this sector has exhibited healthy growth, further substantiating the strong upward trend anticipated over the next five years. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is projected to average around 1.9% per year, reflecting the robust expansion of ICT employment in Germany.

Future trends to watch for include the impact of digital transformation across various industries, advancements in Artificial Intelligence and machine learning, as well as demand for cybersecurity, which will likely propel employment growth in the ICT sector. Additionally, policy support and investments in digital infrastructure will play crucial roles in shaping employment dynamics within this industry.

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