Germany Enterprise ICT Market Analysis and Future Outlook by Segments (Hardware, Software and IT Services)

The Germany Enterprise ICT Country Intelligence Report, a new Country Intelligence Report, summarizes key findings from the publisher's ICT Customer Insight Survey carried out in H1-2023 and the market Opportunity Forecasts to 2027: Germany. It reveals an executive-level overview of how the overall ICT budgets and their allocations towards various segments have changed for enterprises in the country in 2023 compared to 2022 and ICT revenue opportunity with detailed forecasts of key indicators up to 2027. The report provides detailed analysis of the overall Germany’s enterprise ICT market trends and growth drivers based on the publisher's ICT Customer Insight Survey and the market Opportunity Forecasts. The report also discusses about the market growth inhibitors impacting Germany’s overall ICT market. Its sheds focus on enterprise ICT budget allocations and ICT revenue opportunity covering 18 solution areas, segmental analysis, vertical analysis, as well as review of key macroeconomic and regulatory trends, and government initiatives. The report also includes a brief profile on some of the key ICT vendors within the country.

The country intelligence provides information and insights into ICT budget allocations and ICT revenue opportunity by enterprises in Germany

• Overall enterprise ICT revenue opportunity and ICT budget allocations for Germany
• Macroeconomic and regulatory context and government inititiaves
• Insights on Germany's enterprise ICT growth drivers and market trends, ICT Customer Insight Survey and Market Oppotunity Forecasts to 2027
• Insights on market growth inhibitors impacting Germany's overall ICT market
• Breakdown of enterprise ICT revenue opportunity by solution areas, end-use verticals and enterprise size band
• Segmental analysis of Germany's enterprise ICT budget allocations and ICT revenue opportunity - hardware, software and services
• Insights on ICT technology spending priorities of enterprises on key solution areas in Germany
• Company snapshot

Scope

• ICT market growth in Germany will be primarily driven by a demand from a mix of specialized SMEs, major IT players, and thriving demand for ICT products and services. The German government has also introduced initiative such as the Digital Strategy 2025 to support digital transformation.
• Germany’s overall ICT market was pegged at $169.6 billion in 2022 and is expected to grow at a CAGR of 12.6% during 2022-2027 to reach $306.8 billion in 2027. Germany has one of the most competitive ICT market, with a strong emphasis on software and cybersecurity. Further, the German government has made ICT as a priority sector and introduced initiative like Digital Strategy 2025 to support various aspects of digitalization, including infrastructure, workplace, security, research, and successful digital transformation.
• The ICT decision makers survey reveals a positive outlook for enterprise ICT spending in Germany, with a majority of respondents, about 72.4% from the country, claiming that there has been an increase in the enterprise ICT budget in 2023 compared to 2022.
• Cloud computing can be regarded as the most attractive market in Germany driven by enterprises increasingly leveraging cloud to achieve operational efficiency while ensuring security and agility, and government actively promoting cloud adoption as a part of its nationwide digital initiative. The revenue opportunity for cloud computing in Germany was pegged at $28 billion in 2022 and is estimated to grow at a CAGR of 18% between 2022-2027.
• The manufacturing sector is the largest independent end-use vertical segment for the ICT market in Germany in terms of revenue contribution, and it will remain so over the forecast period. ICT revenue from the Manufacturing sector reached $27.8 billion in 2022 and is set to grow up to $39.3 billion in 2027 at a CAGR of 7.2%.

Reasons to Buy

• This Country Intelligence Report is based on the publisher's IT Customer Insight Survey carried out annually covering key ICT decision makers from enterprises across various industry verticals in Germany and the market Opportunity Forecasts to 2027, to offer a thorough, forward-looking analysis of Germany’s enterprise ICT investment priorities and ICT revenue opportunity market.
• Accompanying the IT Customer Insight Survey and Market Opportunity Forecasts to 2027, the report examines the assumptions and drivers behind ongoing and upcoming trends in Germany’s enterprise ICT market.
• The report offers a thorough analysis of enterprise ICT investment trends and how it has changed this year compared to previous year.
• The report also presents an analysis of enterprise ICT budget allocations by various spending areas, business functions and product/service categories and how they have changed this year compared to previous years.
• The report also presents an analysis of enterprise ICT revenue opportunity by various solution areas, enterprise size band, end-use verticals, and segment over the forecast period 2022-2027.
• With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides insights in a concise format to help executives build proactive and profitable growth strategies.
• The report provides an easily digestible market assessment for decision-makers built around research gathered from the local IT decision makers, which enables executives to quickly get up to speed with the current and emerging trends in enterprise ICT investment priorities.