Industries

The German Software & IT Industry

The German Software & IT Industry With a 25% market share, the German software and IT industry is the single largest market for telecommunications, information technology and consumer electronics in Europe. In 2020, market capitalization amounted to around 170bn €, which accounted to a 4% market volume worldwide. Although, during 2020, economic activity slowed down

The Consumer goods industry in Germany

The Consumer goods industry in Germany With an on-going stability of consumer spending, the highest GDP in Europe and a wealthy population, Germany continues to be the largest consumer market in Europe, while current trends indicate for the country to continue to prosper and thrive. Today, individualistic value-for-money notions are becoming increasingly popular among German

The German Mechanical Engineering Industry – an Overview

The German Mechanical Engineering Industry – an Overview Today, mechanical engineering is one of the crown jewels in Germany’s industry. According to the 2019 figures of the Federal Agency for Statistics, more than 6,6 thousand companies generate nearly 230 billion € turnover with the help of a 1,1 million workforce. Within this number you find

Germany’s Food and Beverages Industry

The last year has been difficult for most businesses and international expansion has in many cases been on hold. The turning point seems near and as proactive sales experts in the German market