Forecast: Self-Employed People in IT services Sector in Germany

From 2013 to 2023, the number of self-employed people in the IT services sector in Germany generally declined, decreasing from 229.0 million hours to 186.0 million hours. 2023 saw a minor decline of 0.53% year-on-year, following a substantial recovery in 2022 with a 5.65% increase. The 5-year CAGR leading up to 2023 was -2.02%, indicating a persistent downward trend.

Future forecast data for 2024 and beyond suggest a continuing decline with a projected 5-year CAGR of -1.48%, leading to a further decrease by 2028. This indicates ongoing challenges for self-employed professionals in the sector.

  • Recession impacts and economic factors
  • Industry shifts towards automation and AI
  • Regulatory changes and market demand fluctuations

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