Insights into the future of the IT industry

Insights into the future of the IT industry

Zukunft der IT-Branche

The IT sector is one of the fastest growing economic sectors in the world. In Germany, Austria and Switzerland, too, the importance of the IT sector is steadily increasing. The industry associations in the three countries expect strong growth in the coming years.

IT Trends

Germany: a strong economic sector

In Germany, the IT sector is currently the third largest economic sector with a turnover of around 162 billion euros per year. Further growth to around 201 billion euros is expected by 2025. The number of people employed in the IT sector in Germany is also rising steadily and is expected to increase to around 1.4 million by 2025. The biggest growth drivers are currently cloud computing, artificial intelligence, big data and the Internet of Things. The future of the IT industry 

Austria: an important location for IT specialists

The IT sector is also booming in Austria. Around 82,000 people currently work in the country's IT sector. This figure is expected to rise to around 100,000 by 2025. Most IT specialists in Austria work in the areas of software development and IT infrastructure. A study by the digital association Bitkom shows that Austria is becoming an increasingly attractive location for IT specialists.

Switzerland: a strong economic sector

The Swiss IT sector is also a strong economic sector. Around 200,000 people currently work in the sector, which accounts for around 5% of total employment in the country. This figure is expected to rise to around 250,000 by 2025. Switzerland is regarded as a leader in the field of cryptocurrencies and blockchain technology. Cloud computing, artificial intelligence and big data are also important growth drivers here.

The importance of IT specialists - the future of the IT sector

An important trend in the IT sector is the increasing importance of IT specialists and skilled labour sought by companies. According to a study by recruitment service provider Hays, IT specialists are most in demand in Germany, Austria and Switzerland, followed by engineers and medical specialists. Companies must be prepared for the fact that it will become increasingly difficult in future to find qualified Finding IT specialists and hold.

The IT sector is and remains one of the fastest-growing economic sectors in Germany, Austria and Switzerland. Cloud computing, artificial intelligence, big data and the Internet of Things are important growth drivers in all three countries. Companies must adapt to the increasing competition for IT specialists in order to remain competitive.

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