The productivity growth rate of computer software and databases in Germany demonstrated significant variability between 2013 and 2023. Notable peaks occurred in 2015 and 2019 with growth rates of 8.28 and 8.25, respectively. However, post-2023 data indicates a stabilization around 2.43, suggesting a future trend of slower, more consistent growth. The year-on-year growth rate for 2023 showed a slight increase to 2.44 from 1.66 in 2022, while recent trends indicate an average annual growth (CAGR) of -0.02% from 2023 to 2028.
Future trends to watch for:
- Continued digital transformation in industries.
- Emergence of AI and machine learning technologies.
- Investment in cybersecurity and data protection strategies.
- Demand for cloud computing and SaaS models.
