The value added of IT services in Germany has experienced substantial growth from 2013 to 2023, increasing from 65.37 billion euros to 108.5 billion euros. Annual growth rates varied, with notable peaks such as 12.69% in 2018 and slower growth phases like 3.05% in 2020. The average annual growth rate (CAGR) over the past five years was 4.15%, signaling sustained, albeit moderate, expansion in the sector. Looking ahead to 2028, the forecasted CAGR decreases to 2.65%, indicating a potential deceleration in growth. Key trends to consider include technological advancements, digital transformation across industries, and potential economic fluctuations impacting IT expenditures.
