German IT Market Set to Grow $31.3 Billion by 2028 | TechRepublic
Briefly

Germany's IT market is expected to grow by $31.3 billion by 2028, at an annual growth rate of 4.07%. This growth is driven by greater adoption of IT solutions and big data within various enterprises. However, challenges loom as a shortage of skilled IT professionals hampers recruitment and retention, despite the country being ranked third in Europe for technical proficiency. Alongside these difficulties, Germany is committed to AI investments, with a significant portion of researchers integrating AI into their work, positioning the country as a leader in the field.
Insufficient professional qualifications limit the pool of potential candidates for open positions. Consequently, small and medium enterprises struggle to find suitable candidates.
Germany's National AI Strategy boosts the artificial intelligence market, with software AI and automation leading the way, supporting initiatives and investment in the sector.
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