Policy & Law
eco Study Shows: Corona Crisis Also Impacts the Internet Industry in Germany – Despite Short-Term Shocks, Long-Term Positive Effects Predominate
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 prerequisite for this, however, is that the economy must be ramped up again as far as possible in 2020.
This is the conclusion reached by eco – Association of the Internet Industry and the management consultancy Arthur D. Little in preliminary extracts of the study “The Internet Industry 2020 – 2025”, which presents current industry trends and growth forecasts every five years.