The number of employees in the software publishing sector in Germany stood at 18.65 thousand in 2023. Over the past decade, there has been significant volatility; the workforce grew from 15.41 thousand in 2013 to 18.65 thousand in 2023. The sector experienced notable fluctuations, such as a sharp decline in 2018 and subsequent recoveries, including a 4.14% year-on-year increase in 2023.
From 2019 to 2023, the CAGR was 3.76%, reflecting moderate and steady growth. The forecast for 2024 predicts continued growth, reaching 22.24 thousand employees by 2028, with a forecasted 5-year CAGR of 2.8% and an overall 5-year growth rate of 14.78%.
Future trends to watch for include:
- A potential increase in demand for specialized software, driving more recruitment.
- Impacts of technological advancements, such as AI, on workforce needs.
- Economic factors influencing software publishing activities and employment levels.