German Digital Sector Defies Economic Downturn with Record Growth
The IT and telecommunications industry is projected to grow by 4.6% in 2025, adding jobs and outpacing other sectors despite economic challenges.
- Germany's digital economy is forecasted to reach €232.8 billion in revenue for 2025, a 4.6% increase over the previous year.
- The sector is expected to add 20,000 new jobs in 2025, bringing total employment to 1.371 million, making it the country's largest industrial employer.
- While IT and artificial intelligence markets are thriving, with AI platform revenue projected to grow by 43%, entertainment electronics continue to decline, with a 7.5% revenue drop anticipated this year.
- The software market is set to expand significantly, with a 9.8% growth forecast, reaching €51.1 billion in revenue for 2025.
- Industry leaders are urging the next German government to prioritize digital policy, reduce regulation, and address the IT skills shortage, with calls for the creation of a dedicated Digital Ministry.