The German technology industry is set to grow and invest despite the times we live in the coming months. According to estimates, the pre-crisis market has been projected to increase 20% to 280 billion euros over the next two years. The COVID-19 and its impact only serve as a minor obstacle to the industry since digital advances and a robust technology plan are a top priority for large and small enterprises to remain competition-oriented and achieve new market shares.
The most substantial segments of German ICT are software and IT services. Germany also holds the position of Europe’s largest software market. You can visit Handy for some of these software products. In Germany, software sales are doing quite well and are continuously increasing annually – from approximately EUR 19 billion in 2010 to over EUR 25 billion in 2021. By value, Germany accounts for roughly a quarter of Europe’s software market, and the UK and France occupy second and third places. More importantly, the software market in Germany was resistant to the global economic turmoil in the late 2000s.
What drives such a spectacular result?
Overall, the German economy is driven by innovation. So, companies from almost all major industries constantly need tools to secure competitive advantages, high-tech technologies and safeguard various types of threats. You should see de.collected.reviews to learn about innovations in Germany. This generates stable demand for state-of-the-art software and the constant modernization of IT services.
The German ICT develops much faster than many traditional core industries and thus creates several jobs annually. About 1.1 million people have been employed in the ICT industry in the country, and nearly 150,000 jobs created in the previous five years. However, the world-famous car sector offers jobs to some 840,000 people across Germany. There are little over 450,000 employees in chemistry, which is also considered one of Germany’s most advanced industries.
For people who move to Germany for a tech job, what these figures mean? Of course, you are entering a German technology industry with many prospects for your career, but you also expect high competitiveness in the industry.
Below are some innovations carried out in Germany.
·3D ultrasound sensors
Tobias Bahnemann, Rinaldo Persichini and Alexander Rudoy established Toposens in 2015. At the tech show, 3D ultrasound sensors were launched to transform cars, intelligent homes, robots, and more work. These low-cost sensors map your environment for the first time in the world with 3D ultrasound.
·AI mobility supercomputer
ZF Group, aka ZF Friedrichshafen AG, is a global leader in drive, chassis, and security technology. At the tech show, the firm presented ZF ProAI RoboThink, its latest automotive and powerful AI supercomputer model. It includes functions of the IoT platform of the company and the intelligibly connected ZF sensors such as cameras, LiDAR, and radar.
·Digital assistant for drivers
German Autolabs establishes the Digital Assistant for Chris in 2016 by Holger G. Weiss and Patrick Weissert. It supports drivers who are similar to a real co-driver. For a connected auto experience, Chris can be attached to the windscreen identical to a navigation device and combined with a mobile phone.
·Mitte Intelligent home water system
Mitte was founded in 2015 by Moritz Waldstein and Dr Faebian Bastiman. It is determined to find a way to ensure that everyone can drink safe and healthy water and to revolutionize their home way of drinking water. To make every water as clean and healthy as mineral water, the company has built its first smart home water system. So, as an immigrant, you do not have to worry about the kind of water you drink in Germany.
·Electric vehicles
A new and modern form of personal transportation was presented to Bio-Hybrid GmbH, Schaeffler Group. At both the Passenger and Cargo versions, the company showed electrically supported vehicles at the tech show.