The service sector is a fundamental economic sector in Germany, as it accounts for three quarters of all jobs and generates about two thirds of the gross domestic product. In recent years, the market has developed strongly, often with double-digit growth rates, due to excellent infrastructure, high productivity rates and highly skilled workforce.
Promise Service 4.0
Almost 80% of all companies in Germany are service providers, and advances in technology are constantly creating new business opportunities. A moderate cost development for labour and a stable employment situation further increase the attractiveness of Germany as a business location.
Smart Service Solutions
Smart services combine physical and digital services to create new, intelligent products and digitally enhanced business models. They are becoming increasingly important in the course of Industry 4.0.
- Our Sector Transactions
- Highlight Transaction
- Number of M&A transactions - DACH region, 2021 (as of August)
- Significant Transactions
- Accenture plc. x Umlaut Systems GmbH
- Advent International Corporation x Aareon AG
The Internet of Things (IoT) and the fourth industrial revolution, also known as Industry 4.0, will revolutionise the way products are made. Digital and physical services can be combined to meet the individual needs of customers. New, intelligent service architectures and platforms enable innovative business models that change existing value chains. The sector is showing excellent growth potential.
Business-related services show great opportunities for growth, especially in the German SME sector. Here, too, progressive digitalisation is revealing itself to be the driving force of activity. Conventional services are also increasingly being integrated into digital value creation. The possibilities of digitalisation will not only change industry, but also the service sector in a lasting and fundamental way.
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