IT industry in Germany - statistics & facts
German IT industry revenue grew steadily during the last decade, amounting to around 126.4 billion euros in 2023. Revenue is likely to increase in the next years. Increasing figures reflect the ever-growing role that the internet and IT play in daily life. One of the most popular technological advancements that caught the attention of the world was the launch of the chatbot ChatGPT. However, levels of trust in chatbots and artificial intelligence (AI) varies in different countries. The magnitude of how exactly these new tools will affect jobs, industries, procedures, activities and experiences hitherto strongly defined by human participation and creation as a lead factor remains to be explored. They also require a constant supply of specialists with a particular skillset. On a practical scale, AI models actually bring with them substantial costs, with expensive training involved.
