The software publishing sector in Germany witnessed significant growth from 2013 to 2017, with turnover peaking at €6.28 billion. However, starting from 2018, the sector experienced a notable decline. By 2023, the turnover had reduced sharply to €2.26 billion, indicating a persistent downward trend. Year-on-year variations over the last two years show a consistent decline of approximately 6%, and the five-year CAGR stood at -4.37%. Forecasted data suggest that this downturn will continue, with the sector's turnover expected to drop further to €1.52 billion by 2028, reflecting a five-year CAGR of -6.32%.
Future trends to watch for:
- Adoption of new technologies like AI and machine learning in software development.
- Shifts in consumer behavior towards subscription-based and cloud services.
- Impact of regulatory changes and data privacy laws on software publishing.
