German IT Market Trends & Growth Forecasts 2021-2025: globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Research and Markets: German IT (Services, Software & Hardware) Market Insights & Forecast Report 2021-2025 Featuring Bachtle, Allgeier, Adesso, GFT Technologies, All for One Group, & Cenit - ResearchAndMarkets.com
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The German IT market is expected to record a value of US$129 billion in 2025, growing at a CAGR of 3.1%, for the time period of 2021-2025.
Factors such as a growth in cloud computing services, an upsurge in information and communication technology (ICT) security, escalating demand for big data, growing penetration of Internet, growth in number of software and IT services companies and rapid urbanization is set to drive the growth of the market.