German ICT market to grow 1.6% in 2014

Wednesday 29 October 2014 | 10:18 CET | News
German IT association Bitkom expects the information and communication technology sector to grow by 1.6 percent to EUR 153.4 billion this year.  IT hardware and software sales each will expand almost 6 percent, while consumer electronics as well as telecom services and telecom devices are expected to slightly decrease in sales. The IT sector remains the strongest growth driver, increasing by 4.3 percent to EUR 77.8 billion. Bitkom expects a slight decline of 0.9 percent in sales for telecommunications, whereas infrastructure grows by 3.8 percent to EUR 6.3 billion. Within the ICT sector, a

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Categories: General
Companies: Bitkom / EITO
Countries: Germany
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