Analysis of Key Solutions, Verticals and Growth Projections Through 2028 #NewsGerman

The report provides an in-depth analysis of the German enterprise ICT market outlook, enterprise ICT budget allocations, enterprise ICT segment revenue and budget allocations, enterprise ICT market dynamics, enterprise technology priorities and ICT vendor landscape.

Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) — The “Germany – Enterprise ICT” report has been added to ResearchAndMarkets.com’s offering.

The report provides an executive-level overview of how the overall ICT budgets and their allocations towards various segments changed for enterprises in Germany in 2024 compared to 2023 and ICT revenue opportunity with detailed forecasts of key indicators up to 2028. The report provides detailed analysis of the overall German enterprise ICT market trends and growth drivers based on the ICT Customer Insight Survey and the Market Opportunity Forecasts.

The report also discusses about the market growth inhibitors impacting Germany’s overall ICT market. It 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 initiatives

• Insights on Germany’s enterprise ICT growth drivers and market trends, basis the analyst’s ICT Customer Insight Survey and Market Opportunity Forecasts to 2028

• 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

Key Highlights

• ICT market growth in Germany will be primarily driven by rising focus of SMEs on disruptive technologies, 5G expansion paving the way for future gigabit networks, and increased adoption of Industry 4.0 and advanced manufacturing technologies.

• Germany’s overall ICT market was pegged at more than $182 billion in 2023 and is expected to grow at a CAGR of more than 11% during 2023-2028 to reach more than $314 billion in 2028.

• The analyst’s ICT decision makers survey reveals a positive outlook for enterprise ICT spending in Germany, with a majority of respondents, about 83% from the country, claiming that there has been an increase in the enterprise ICT budget in 2024 compared to 2023.

• Cloud computing is the most attractive market in Germany, fueled by the government’s commitment to cloud projects like the federal cloud and sovereign cloud stack and enterprises increasing use of cloud solutions to optimize business processes, achieve operational efficiency, and ensure security. The revenue opportunity for cloud computing in Germany was pegged at over $32 billion in 2023 and is estimated to grow at a CAGR of more than 15% between 2023-28.

• The manufacturing sector is the largest independent end-use vertical segment for the ICT market in Germany in terms of revenue contribution in 2023. ICT revenue from the manufacturing sector reached over $28 billion in 2023 and is set to grow at a CAGR of more than 5%

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