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Bitkom forecast 2024: Sales in the ICT industry increase by 4.4 percent to 224.3 billion euros
As www.heise.de reports, the ICT industry in Germany continues to grow, despite the tense economic situation. According to a Bitkom forecast, sales are expected to increase by a total of 4.4 percent to 224.3 billion euros, which will allow the market to grow three to four times faster than the economy as a whole. Information technology remains the most important growth driver, with the software business expected to grow at an above-average rate. In particular, platforms for developing, testing and providing programs as well as AI platforms will see strong growth. In the hardware segment, significant growth is expected in Infrastructure-as-Service and workstations. IT services and telecommunications revenues are also expected to increase, although...
Bitkom forecast 2024: Sales in the ICT industry increase by 4.4 percent to 224.3 billion euros
How www.heise.de reports, the ICT industry in Germany remains on a growth path, despite the tense economic situation. According to a Bitkom forecast, sales are expected to increase by a total of 4.4 percent to 224.3 billion euros, which will allow the market to grow three to four times faster than the economy as a whole.
Information technology remains the most important growth driver, with the software business expected to grow at an above-average rate. In particular, platforms for developing, testing and providing programs as well as AI platforms will see strong growth. In the hardware segment, significant growth is expected in Infrastructure-as-Service and workstations. IT services and telecommunications revenues are also expected to increase, although slightly less than in previous years.
Overall, the development suggests that the hardware business is gradually returning to pre-Corona levels after experiencing a severe slump last year. From a global perspective, however, Germany lags behind other digital nations with below-average growth of 4.4 percent.
According to a report by www.heise.de,
The positive development in the ICT market in Germany appears to be continuing despite the economic situation. There are strong growth forecasts, especially in the software and hardware segment. However, it remains to be seen whether Germany can improve its position in the global ICT market and develop higher growth dynamics.
Read the source article at www.heise.de