What is the state of the German tech sector?

  • The hardware segment is getting less important while the software & services segment is expected to grow rapidly
  • 68% of revenue in the software & services segment is generated in B2B
  • The German mechanical engineering and automotive sector also generates comparatively strong demand for hardware
  • German technology companies primarily export high-margin special hardware in the B2B segment
  • Software and services are supplied first and foremost to German-speaking neighbors
  • Digital growth industries are considered automotive (connected car), biotech, fintech, insuretech, e/m-health, and smart cities
  • Top 3 trends are highlighted: internet of things and 5G, analytics and AI, XaaS

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sergiy Sumnikov

Sergiy Sumnikov

Business development advisor for expansion in Europe (www.scaleuphero.com) and mindful living enthusiast and coach (www.sergiysumnikov.com)