New Study: Germany Information Technology Report Q3 2016

A mature PC market and potential cannibalisation of retail demand by increas ingly powerful smartphones mean the hardware outlook is subdued, but we believe IT market growth momentum will be sustained over the medium term by enterprise demand for software and services. Enterprise adoption of complex, high-value solutions such as the Internet of Things and cloud computing has solid momentum already, and is being promoted by the 'Industrie 4.0' initiative that could put Germany at the forefront of regional trends . For IT spending as a whole, we forecast a CAGR of 2. 7 % for IT spending to a total of EUR 60.32 bn in 20 20 .

Latest Updates And Industry Developments

Computer Hardware Sales: EUR24.6bn in 2016 to EUR26.6bn in 2020, a compound annual growth rate (CAGR) of 1.8%. Deferred replacement spending in recent years means potential for market to bounce back as economy improves, but cannibalisation of retail PC demand by increasingly powerful smartphones adds uncertainty.

Full Report Details at
- http://www.fastmr.com/prod/1182747_germany_information.aspx?afid=301

Software Sales: EUR9.2bn in 2016 to EUR10.2bn in 2020, a CAGR of 3.1%. Economic and political risks present downside to enterprise outlook, but momentum in complex deployments by large enterprises and the deepening of the small- and medium-sized enterprise market should sustain software spending growth.

IT Services Sales: EUR20.2bn in 2016 to EUR23.4bn in 2020, a CAGR of 3.7%. Adoption of Internet of Things and cloud solutions by German industrial and manufacturing firms bolsters an already strong outlook due to cloud services demand and wider adoption of outsourcing, which should make IT services the outperforming segment over the medium term.

The Germany Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Germany Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Germany.

Key Benefits
Benchmark BMI's independent IT Industry forecasts for Germany to test other views - a key input for successful budgetary and strategic business planning in the German IT market.
Target business opportunities and risks in Germany's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Germany.

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