In 2022, the industry with the highest revenue in Germany was the production of cars and car parts at 509 billion euros. Engineering had the second-highest revenue.
In 2024, the services sector's share in Germany's gross domestic product amounted edged over 70 percent, while the secondary and primary sectors generated less than a third of GDP together. At your service The tertiary, or services, sector encompasses all kinds of intangible goods, like consulting and advice, transport, or attention. If a country generates its GDP mostly via services, this is often through industries like housing, tourism (including accommodation and hospitality), financial services, or telecommunications. Germany is a popular tourist destination and an important financial hub. Germany is not a “service desert” The services sector in Germany not only generates most of the country’s GDP, it also employs the vast majority of the workforce with over 70 percent. Lately, business confidence in the German services sector has increased significantly, which suggests a stable economy and ideally an increase in production and output in the future. This projection is supported by rising GDP and a stable inflation rate at around two percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Industrial Production in Germany decreased 1.80 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Germany Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, about 1.2 percent of employees in Germany were working in agriculture, forestry and fishery (primary sector). This confirmed a significant structural change in the national economy. In 1950, for example, almost 25 percent worked in this sector.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
GDP from Manufacturing in Germany increased to 171.98 EUR Billion in the first quarter of 2025 from 170.31 EUR Billion in the fourth quarter of 2024. This dataset provides - Germany Gdp From Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Germany (DEUPROINDAISMEI) from 1958 to 2023 about Germany, IP, and indexes.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Industrial Production in Germany decreased 1.40 percent in April of 2025 over the previous month. This dataset provides the latest reported value for - Germany Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2023, the turnover of the manufacturing industry of Germany amounted to about 2.92 trillion Euros. Between 2021 and 2023, the turnover rose by approximately 470 billion Euros.
The service sector continues to employ the largest share of workers in Germany, with around 72.3 percent of employees working in the sector in 2023. In recent years, the distribution of workers has slowly shifted away from the industry and agriculture sectors. Urbanization and the service economy Big cities continue to be the focal point for the service sector, which includes the fields of health, education, finance, telecommunications, and tourism. More than three-quarters of the German population live in urbanized areas, and this growing urbanization is helping the service sector to flourish. Subsequently, as fewer people live in rural areas, the agriculture sector continues to employ a smaller percentage of the workforce each year. A marker of industrialization Rising revenues from the IT services sector is likely to be another reason for the growing service sector and has increased business confidence in Germany. The gross domestic product of Germany has shown strong signs of recovery following a few years of fluctuation caused by the 2008 financial crisis.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Germany DE: GDP: % of Manufacturing: Chemicals data was reported at 3.649 % in 2021. This records a decrease from the previous number of 4.625 % for 2020. Germany DE: GDP: % of Manufacturing: Chemicals data is updated yearly, averaging 3.387 % from Dec 2005 (Median) to 2021, with 17 observations. The data reached an all-time high of 7.565 % in 2005 and a record low of 2.676 % in 2017. Germany DE: GDP: % of Manufacturing: Chemicals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Chemicals correspond to ISIC division 24.;United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.;;
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In the other electrical equipment manufacturing sector, the corporate landscape has been confronted with a wide range of economic conditions in recent years. Despite increased raw material prices and ongoing challenges due to global supply chain problems, demand for the industry's products remained high, resulting in solid sales growth. At the same time, increasing competitive pressure - particularly from foreign manufacturers - and the need for companies to adjust their prices led to a slight decline in profit margins, even if the rise in raw material prices has recently slowed somewhat. Increasing automation, digitalisation and electrification in various sectors of the economy, but especially in the manufacturing industry, has led to high demand for electrical equipment and devices. Raw material prices have risen sharply in recent years, but this increase has recently slowed down. Nevertheless, growing competitive pressure, especially from foreign manufacturers, is causing a slight decline in profit margins as companies have to adjust their prices. Geopolitical conflicts and the resulting trade policy distortions mean that production volumes are expected to be weak in the near future. This jeopardises demand for the sector's products from the manufacturing industry, which represents a very important sales market. However, some sectors, such as the automotive industry, are struggling with supply bottlenecks for semiconductors and are therefore having to reduce their production. In addition, US tariffs are making it more difficult to sell goods in this important export market. As a result, this is also dampening demand for intermediate products such as other electrical equipment and devices. Overall, however, increasing digitalisation in Germany as well as advancing electrification and the energy transition should ensure slight sales growth in the sector.Slight growth is expected in the sector over the next five years. Increasing electrification and digitalisation in industry as well as the energy transition could boost sales of electrical equipment and devices. However, this trend is offset by increasing protectionism, which makes international trade more difficult. As a result, the industry is estimated to grow at an average annual rate of just 0.2%, which means that sales are expected to reach €24 billion in 2030. The number of market participants is likely to stagnate, as foreign companies in particular are increasing competitive pressure. The main revenue drivers for the industry will remain the progress made in the transport and energy transition, which will be reinforced by the increasing demand for innovative electrical solutions and infrastructures.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Production: Manufacturing: Total Manufacturing for Germany (PRMNTO01DEQ657S) from Q2 1950 to Q4 2023 about Germany, IP, and manufacturing.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Germany (PRINTO01DEQ661N) from Q1 1958 to Q1 2024 about Germany, IP, and construction.
Employees and turnover of companies in the manufacturing industry: Germany, years, economic sectors(WZ2008 main groups and aggregates)
Germany IT Market Size 2025-2029
The Germany IT market size is forecast to increase by USD 33.3 billion at a CAGR of 4.2% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing adoption of IT solutions among Small and Medium-sized Enterprises (SMEs). This trend is fueled by the recognition of the benefits that IT solutions bring to business operations, including improved efficiency and competitiveness. Additionally, larger enterprises in Germany are embracing Big Data solutions to gain insights from their data and make informed business decisions, enabling better decision-making and business intelligence. However, the market faces a notable challenge: the shortage of skilled IT professionals. This talent crunch poses a significant obstacle for businesses looking to implement new IT projects and innovations. To capitalize on the opportunities presented by the growing IT market and navigate the challenges effectively, companies should consider strategies such as investing in training and development programs for their existing workforce, collaborating with educational institutions, and exploring partnerships with IT service providers.
By taking a proactive approach to addressing the talent shortage, businesses can ensure they have the necessary resources to drive growth and stay competitive in the dynamic IT landscape of Germany.
What will be the size of the Germany IT Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
In the dynamic IT market of Germany, collaboration tools and digital workplaces are increasingly shaping the business landscape. Companies are investing in data visualization solutions to gain insights from complex data sets. Cybersecurity awareness is at an all-time high, with a focus on data breach response and ransomware protection. Multi-cloud strategies are prevalent, requiring robust IT risk management and compliance audits. Remote work is the new norm, necessitating advanced video conferencing and phishing prevention. Data warehousing and data integration are crucial for effective data governance and mining.
Business continuity planning and incident response are essential components of IT strategy. Predictive analytics, edge computing, and serverless computing are emerging trends. Low-code and no-code platforms are simplifying IT development, while hybrid cloud solutions offer flexibility and cost savings. IT leaders must navigate these trends and ensure data quality and security in an ever-evolving digital world.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Manufacturing
Government
BFSI
ICT
Others
Application
Large enterprise
SMEs
Geography
Europe
Germany
By End-user Insights
The manufacturing segment is estimated to witness significant growth during the forecast period.
In the dynamic German IT market, various entities play crucial roles in driving innovation and transformation across industries. IT governance, knowledge management, and project management ensure effective implementation of technology solutions. Technical support and network administration maintain the infrastructure's health, while managed services and cloud computing offer flexible and scalable options. The Internet of Things (IoT) and data security are significant concerns, with application security and endpoint security safeguarding digital assets. Business continuity planning and disaster recovery prepare organizations for potential disruptions. Red teaming and threat intelligence identify vulnerabilities, and penetration testing and vulnerability management mitigate risks.
Cloud automation, software development, and data analytics fuel innovation, while IT compliance and data loss prevention maintain regulatory adherence. Machine learning and artificial intelligence automation streamline processes, and infrastructure automation optimizes operations. IT outsourcing, agile methodologies, and infrastructure automation enable businesses to focus on core competencies. Security administration, asset management, and capacity planning ensure IT environments run efficiently. Performance monitoring, budgeting, and problem management maintain optimal IT performance. In the manufacturing sector, IT is transforming traditional factories into smart digital ones, with automated procurement, manufacturing, and distribution processes. This digital transformation enhances productivity, flexibility, and quality. The German market's evolving patterns reflect a focus on innovation, security, and efficiency.
Req
In April 2025, energy production decreased by 1.6 percent compared to the previous month. The German production industry in total recorded a decrease of 1.4 percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Germany - GDP and main components: Gross domestic product at market prices was EUR832457.60 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - GDP and main components: Gross domestic product at market prices - last updated from the EUROSTAT on June of 2025. Historically, Germany - GDP and main components: Gross domestic product at market prices reached a record high of EUR836188.10 Million in September of 2022 and a record low of EUR558318.70 Million in September of 1991.
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
The Germany automotive market size reached 1,443.5 Thousand Units in 2024. Looking forward, IMARC Group expects the market to reach 1,967.3 Thousand Units by 2033, exhibiting a growth rate (CAGR) of 3.5% during 2025-2033. Significant advancements in electric vehicle (EV) technology, increasing consumer demand for connected and autonomous vehicles, government incentives and regulations promoting sustainable transportation, and the rising need for improved fuel efficiency and safety features are some of the drivers contributing to the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | 1,443.5 Thousand Units |
Market Forecast in 2033 | 1,967.3 Thousand Units |
Market Growth Rate (2025-2033) | 3.5% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on propulsion type and vehicle type.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Germany (PRINTO01DEA657S) from 1959 to 2024 about Germany, IP, and construction.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore the surprising 1% decline in German industrial production in October, signaling ongoing struggles and potential recession in Europe's largest economy.
In 2022, the industry with the highest revenue in Germany was the production of cars and car parts at 509 billion euros. Engineering had the second-highest revenue.