Pre & Post COVID-19 Market Estimates-IT Market in Germany 2019-2023 | Adoption of IT by German SMEs to Boost Growth | Technavio

Technavio has announced its latest market research report titled IT Market in Germany 2019-2023 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the IT market in Germany and it is poised to grow by USD 13.92 billion during 2019-2023, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture, IBM, Microsoft, SAP SE, and T-Systems International GmbH are some of the major market participants. The adoption of IT by German SMEs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Adoption of IT by German SMEs has been instrumental in driving the growth of the market.

IT Market 2019-2023 in Germany: Segmentation

IT Market in Germany is segmented as below:

  • End-user
    • Manufacturing
    • Government
    • BFSI
    • ICT
    • Business Services
    • Other Sectors

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IT Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our IT market in Germany report covers the following areas:

  • IT Market in Germany Size
  • IT Market in Germany Trends
  • IT Market in Germany Industry Analysis

This study identifies growing government support for IT solutions such as artificial intelligence (AI) as one of the prime reasons driving the IT market growth in Germany during the next few years.

IT Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the IT market in Germany, including some of the vendors such as Accenture, IBM, Microsoft, SAP SE, and T-Systems International GmbH. Backed with competitive intelligence and benchmarking, our research reports on the IT market in Germany are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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IT Market in Germany 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist IT market growth in Germany during the next five years
  • Estimation of the IT market size and its contribution to the parent market in Germany
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the IT market in Germany
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of IT market vendors in Germany

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Manufacturing - Market size and forecast 2018-2023
  • Government - Market size and forecast 2018-2023
  • BFSI - Market size and forecast 2018-2023
  • ICT - Market size and forecast 2018-2023
  • Business services - Market size and forecast 2018-2023
  • Other sectors - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY CATEGORY

  • Market segmentation by category
  • Comparison by category
  • IT services - Market size and forecast 2018-2023
  • Software - Market size and forecast 2018-2023
  • IT hardware - Market size and forecast 2018-2023
  • Market opportunity by category

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing adoption of Big Data solutions
  • Government support for AI
  • The Industry 4.0 initiative

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Accenture
  • IBM
  • Microsoft
  • SAP SE
  • T-Systems International GmbH

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The information technology (IT) market size in Germany will grow by USD 13.92 billion during 2019-2023

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/