Forecast: Number of Employees in Software Publishing Sector in Germany

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.