The turnover of the ICT sector in Germany is projected to grow consistently from 2024 to 2028. In 2023, the turnover stood at 319.12 billion Euros. The forecasted values are 324.79 billion Euros in 2024, 330.68 billion Euros in 2025, 336.51 billion Euros in 2026, 342.28 billion Euros in 2027, and 347.99 billion Euros in 2028. The year-on-year growth rates are as follows: from 2024 to 2025, 1.82%; from 2025 to 2026, 1.76%; from 2026 to 2027, 1.72%; and from 2027 to 2028, 1.67%. The compounded annual growth rate (CAGR) over the five years from 2023 to 2028 is approximately 1.75%.
Future trends to watch for:
- Emergence of new technologies such as AI and IoT driving sector growth
- Increasing demand for digital transformation across various industries
- Potential policy changes impacting the ICT landscape
- Evolution in consumer behavior towards digital services
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