Forecast: Turnover of Computer Consultancy Services in Germany

The turnover of computer consultancy services in Germany has shown a consistent upward trend from 2013 to 2023, beginning at €20.65 billion and reaching €59.03 billion in 2023. The year-on-year variations over the past decade have highlighted both periods of significant growth, such as the spike in 2020 at 20.88%, and more moderate increases, such as the 6.97% in 2018. Between 2018 and 2023, the compound annual growth rate (CAGR) was robust at 12.55%, indicating strong market expansion. Looking ahead at projected data from 2024 to 2028, the market is expected to continue growing, albeit at a slower pace with a forecasted CAGR of 5.69%. By 2028, the turnover is expected to reach €84.77 billion, marking a growth rate of 31.87% from current levels. Future trends to watch for include advancements in artificial intelligence, cybersecurity demands, cloud computing services, and digital transformation initiatives, which will likely drive further growth and evolution in the computer consultancy services market in Germany.