M&A expertise in our IT market update: H1/2024
IT services sector update: recent market development and deal activity
The German IT services sector is expected to grow significantly in 2024 ‒ some key trends include: cloud transformation, strong growth in the device-as-a-service market, and artificial intelligence (AI).
We analyse market developments and deal activity in the following chapters:
- Market overview: the IT services industry grew by 9.8% globally and 11.4% in Germany, driven by megatrends such as cloud transformation, strong growth in the device-as-a-service market, and artificial intelligence (AI)
- Deal activity and valuation: deal activity in Germany was slightly lower than a year ago, but showed strong growth compared to the previous two quarters due to increased private equity activity
- Service spotlight: we introduce our IT services value creation advisory
- Market spotlight: device-as-a-service is one of the most interesting and fastest growing subsectors