Digital Strategy 2025 One Year On: Germany’s ICT Sector Forecast to Grow

At the 2016 CeBit trade fair the then Minister for Economic Affairs and Energy, Sigmar Gabriel, laid out a ten-point programme for Germany entitled ‘Digital Strategy 2025’. The overall target was to become the global leader in a new wave of technological and business conceptual development, by developing infrastructure, supporting investment and fostering innovation. One year on, at CeBit 2017, Germany’s ICT sector has responded with rapid growth in a number of areas with forecast growth to be similarly strong.

The overall revenues within the sector are forecast to grow by 1.3 percent to a new high of €161.4bn. However, there will be much faster growth in the areas of software (6.3 percent to €23bn) and IT services (2.3 percent to €39bn), both key foundations of a more innovative digital future.

Furthermore, an additional 21,000 jobs within ICT are set to be created in 2017. Later this year Germany will present a new global resource efficiency initiative at the G20 summit in Hamburg, where digitisation will be shown to be a key driver for resource efficiency, helping to decouple resource usage from global economic growth.

Photo credit: http://www.colourbox.com. Material used in the preparation of this article has been drawn from Germany Trade & Invest (GTAI).

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