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German IT Market (Services, Software & Hardware): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)

  • ID: 5313422
  • Report
  • April 2021
  • Region: Germany
  • 82 Pages
  • Koncept Analytics

FEATURED COMPANIES

  • Adesso
  • All for One Group
  • Allgeier
  • Bachtle
  • Cenit
  • GFT Technologies
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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. However, the market growth could be challenged by a shortage of skilled IT workforce, shortage of skilled IT workforce and new security threats. A few notable trends may include rising adoption of internet of thing (IoT), growth in number of IT employees, escalating use of IT consultation services, expansion of small and medium enterprises (SMEs) and accelerating new technological trends. 

Germany has been perceived as a leader in digital and technological spheres not only in Europe but worldwide. In Germany, the IT sector is growing through a remarkable evolutionally process. Companies in the IT sector are continuously innovating with their products in order to attract customers in the name of digitalization. 

The German IT market has been segmented on to the basis of product type into IT services, software and IT Hardware. IT services dominate the IT industry in Germany as organizations are looking out more for third party IT professionals for the enhancement of in their technological capabilities. In addition, small and medium enterprises (SMEs) are exploring new avenues to generate revenue and enhance their operational efficiency, encouraging them to invest heavily in IT services. Whereas, the software segment is also growing at a considerable pace with the rising adoption rate of IT solutions among organizations. While, rising deployment hardware systems across various industries are luring the growth of hardware segment. 

Scope of the report:

  • The report provides a comprehensive analysis of the German IT market.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. 
  • The competitive landscape of the market, along with the company profiles of leading players (Bachtle, Allgeier, Adesso, GFT Technologies, All for One Group and Cenit) are also presented in detail.

Key Target Audience:

  • IT Service Providers
  • Software Development Professionals 
  • IT Hardware Manufacturers and Suppliers 
  • Potential Audience (IT companies, Third party IT professionals, Business Entities)
  • IT consultants 
  • Investment Banks 
  • Government Bodies & Regulating Authorities
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adesso
  • All for One Group
  • Allgeier
  • Bachtle
  • Cenit
  • GFT Technologies

1. Market Overview

1.1 Introduction
1.2 Characteristics of Information Technology (IT)
1.3 Major Components of IT System
1.4 Application Areas of IT 
1.5 Strategic Technology Trends

2. Impact of COVID-19

2.1 Rising Penetration of Digital Payment 
2.2 Influence on the E-Commerce Acceptance
2.3 Adoption of E-learning Systems
2.4 Germany’s Digital Health Reforms in COVID-19

3. German Market Analysis

3.1 German IT Market by Value
3.2 German IT Market Forecast by Value
3.3 German IT Market by Product Type
3.3.1 German IT Services Market by Value
3.3.2 German IT Services Market Forecast by Value
3.3.3 German Software Market by Value
3.3.4 German Software Market Forecast by Value
3.3.5 German IT Hardware Market by Value
3.3.6 German IT Hardware Market Forecast by Value

4. Market Dynamics

4.1 Growth Drivers
4.1.1 Growth in Cloud Computing Services 
4.1.2 Upsurge in Information and Communication Technology (ICT) Security 
4.1.3 Escalating Demand for Big Data
4.1.4 Growing Penetration of Internet 
4.1.5 Growth in Number Software and IT Services Companies 
4.1.6 Rapid Urbanization
4.2 Key Trends and Developments
4.2.1 Rising Adoption of Internet of Thing (IoT)
4.2.2 Growth in Number of IT Employees 
4.2.3 Escalating Use of IT Consultation Services 
4.2.4 Expansion of Small and Medium Enterprises (SMEs)
4.2.5 Accelerating New Technological Trends 
4.3 Challenges
4.3.1 Risk of Outsourcing 
4.3.2 Shortage of Skilled IT Workforce 
4.3.3 New Security Threats

5. Competitive Landscape

5.1.1 Key Players – Revenue Comparison 
5.1.2 Key Players – Market Capital Comparison 
5.1.3 Market Share of IT Services Market by Top 10 Players 

6. Company Profiles

6.1 Bechtle
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Allgeier
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 Adesso
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 GFT Technologies
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies
6.5 All for One Group
6.5.1 Business Overview
6.5.2 Financial Overview
6.5.3 Business Strategies
6.6 Cenit
6.6.1 Business Overview
6.6.2 Financial Overview
6.6.3 Business Strategies

List of Figures

  • Characteristics of Information Technology (IT)
  • Major Components of IT System
  • Top 10 Strategic Technology Trends
  • Germany Digital Payment Penetration Rate (2019-2021)
  • Germany Ecommerce Users (2018-2021)
  • German IT Market by Value (2016-2020)
  • German IT Market Forecast by Value (2021-2025)
  • German IT Market by Product Type (2020)
  • German IT Services Market by Value (2016-2020)
  • German IT Services Market Forecast by Value (2021-2025)
  • German Software Market by Value (2016-2020)
  • German Software Market Forecast by Value (2021-2025)
  • German IT Hardware Market by Value (2016-2020)
  • German IT Hardware Market Forecast by Value (2021-2025)
  • Germany Cloud Computing Market (2016-2020)
  • Germany B2B Market for ICT Security Products and Services (2017-2020) 
  • Germany Big Data Market (2016-2020)
  • Share of Internet Users in Germany (2016-2020) 
  • Number Software and IT Services Companies in Germany (2016-2020) 
  • Germany Urban Population (2016-2020) 
  • Germany Internet of Thing (IoT) Market Revenue (2016-2020)
  • Number of IT employees in Germany (2016-2021)
  • Germany IT Consulting and Implementation Market (2016-2021)
  • Number of Small and Medium Enterprises (SMEs) in Germany (2016-2020)
  • Market Share of IT Services Market by Top 10 Players (2020) 
  • Bechtle  Revenue and Earnings (2016-2020)
  • Bechtle  Revenue by Business Group (2020)
  • Allgeier Revenue and Profit (2015-2019) 
  • Allgeier Revenue by Divisions (2019)
  • Adesso Revenue and Earnings (2015-2019)
  • Adesso Revenue by Segments (2019) 
  • Adesso Revenue by Regions (2019) 
  • GFT Technologies Revenue and Net Income (2016-2020)
  • GFT Technologies by Segments (2020)
  • All for One Group Sales and Net Profit (2016-2020)
  • All for One Group Sales by Segments (2020)
  • All for One Group Sales by Regions (2020)
  • Cenit Revenue and Net Income (2016-2020)
  • Cenit Revenue by Segments (2020)
  • Cenit Revenue by Regions (2020)

List of Tables

  • Application Areas of IT 
  • Key Players – Revenue Comparison (2019/2020) 
  • Key Players – Market Capital Comparison (2021)
Note: Product cover images may vary from those shown
  • Bachtle
  • Allgeier
  • Adesso
  • GFT Technologies
  • All for One Group
  • Cenit
Note: Product cover images may vary from those shown

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