The IT services sector in Germany has shown robust growth over the past decade, growing from €64.64 billion in 2013 to €124.33 billion in 2023. The annual growth rate has fluctuated, with notable increases observed in 2018 and 2021, where the sector grew by 12.69% and 15.97%, respectively. The Compound Annual Growth Rate (CAGR) over the past five years stands at 7.02%. Future projections estimate this sector will reach €158.14 billion by 2028, with a forecasted five-year CAGR of 3.8%.

Future trends to watch for include:

Adoption of emerging technologies, such as artificial intelligence and machine learning.
Increased investment in cybersecurity services.
Expansion of cloud-based services and infrastructure.
Continued digital transformation efforts across various industries.