German ICT/CE market to grow to EUR 160.5 bln - study

Tuesday 18 October 2016 | 11:22 CET | News
The German market for ICT and consumer electronics will grow to EUR 160.5 billion in 2016, passing the milestone of EUR 160 billion for the first time, according German ICT federation Bitkom citing its annual study on the German ICT and CE market based on figures provided by market researcher European Information Technology Observatory (EITO). The study found that the market is expected to grow by 1.7 percent during this year confirming the estimate published in the spring of this year and for 2017 a growth percentage of 1.2 percent is expected. The revenue growth has positive impact on jobs

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Categories: General
Companies: Bitkom / EITO
Countries: Germany
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