"Germany Information Technology Report Q2 2016" is now available at Fast Market Research

We retain our long-held view that Germany's IT market is lucrative due to an affluent consumer base and strong demand from a diversified enterprise base, and we envisage significant opportunities for vendors at the premium end of the market. Enterprise adoption of complex, high-value solutions is expected to increase over the medium term as modernisation is promoted through the 'Industrie 4.0' initiative. The deepening of the enterprise applications and infrastructure markets through cloud computing services is another area where vendors can capitalise on robust demand growth. The overall growth outlook is however subdued due to a weak economic outlook and the saturation of core device and application markets in Germany. We forecast a CAGR of 2. 7 % for IT spending to a total of EUR 60.32 bn in 20 20 , with the hardware segment expected to exhibit the weakest growth .

Full Report Details at
- http://www.fastmr.com/prod/1132629_germany_information.aspx?afid=301

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%. After weak performance in 2015, we expect a gradual medium-term recovery in hardware spending, though growth rates will on the whole remain subdued as a result of the maturity of the market.
Software Sales: EUR9.2bn in 2016 to EUR10.22bn in 2020, a CAGR of 3.1%. Enterprise modernisation will remain the primary driver of software spending growth in Germany, with complex deployments by large enterprises and the deepening of the small- and medium-sized enterprise market through software-as-a-service provision the main growth engines.
IT Services Sales: EUR20.2bn in 2016 to EUR23.43bn in 2020, a CAGR of 3.7%. Adoption of Internet of Things 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.

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