Internet Industry 2020-2025
Corona crisis also impacts Internet industry in Germany
Content of the preview
The lock down measures implemented in reaction to the COVID-19 pandemic are leading to negative consequences for all economic sectors.
This will also slow the previous growth of the Internet industry in Germany. However, these negative effects are expected to be fully compensated for by the end of 2022. The keys findings of the study “The Internet Industry 2020 – 2025” are:
- Corona crisis causes decrease in Internet industry turnover of 1.2% in 2020
- Catalytic effects in the areas of expanding digital infrastructures and implementing digital business models lead to sustainable industry growth
- The Internet industry will see average annual growth of 9.5% until 2025 and will thus gain in importance for the economy as a whole (from 4.2% to 7%)
This preview of the study contains statistics and graphics presenting the study’s key findings.