Berlin, 22 October 2015
The ICT industry employs more than a billion people for the first time. The IT, telco and consumer electronics companies will reckon 1.002 billion employees at the end of this year, according to Bitkom’s autumn economic forecast presented today in Berlin. The employment growth takes place solely in the IT companies employ 794,000 people. The number of employees decreases in the telco (199,000) and consumer electronics segment (9,000) following the economic development.
For the overall ICT market Bitkom slightly increased the spending forecast for 2015. Spending on ICT products and services is projected to rise by 1.9 percent up to 156 billion euro in 2015 with significant differences between the sectors. With growth rates of more than 5 percent devices such as smartphones (+5.5 percent), and software (+5.4 percent) clearly outperform telecommunications services (-0.3 percent) and consumer electronics (-3.8 percent).
The Information technology segment remains the key driver of growth in the industry. Spending, according to the forecast, will increase by 3.5 percent to 80.4 billion euro this year. Software will experience the strongest growth of 5.4 percent to 20.1 billion euro. Over the past years, revenues with IT services such as IT consulting and projects have been continuously gaining on importance and are predicted to grow by 3.0 percent (37.3 bn euro) in 2015. Thanks to an increasing demand for telco devices and infrastructure systems the telecommunications market will register a modest increase of 0.9 percent and will reach the volume of 65.8 billion euro. Sales of smartphones and other telco devices are set to expand by 5.5 percent up to 9.8 billion euro. However, the positive development on the telco market will be troubled by shrinking revenues with telco services that are expected to contract by 0.3 percent to 49.5 billion euro. Especially the voice services market is declining, both the fixed (-7.5 percent) and mobile (-7.0 percent) voice telephony.
Consumer electronics will experience a downward trend also this year. However, after a massive decline in 2013, the decrease rate will weaken. At that point, the revenues went down by 14.8 percent. Last year the decline amounted to 5.3 percent. This year, the forecast predicts a minus of 3.8 percent to 9.8 billion euro. In 2016 the overall ICT market is expected to expand by 1.5 percent up to 158.4 billion euro.
Methodology: Market forecasts are based on current research by the European IT Observatory (EITO). EITO provides up-to-date data on global markets for information and communication technology. EITO is a project by Bitkom Research GmbH (www.bitkom-research.de) in cooperation with IDC, GfK and ICT industry associations across Europe.
The complete Bitkom press release (in German) in available here.
The new EITO international market report is available online: www.eito.com/internationalreports