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CEBIT 2008: GERMAN ICT INDUSTRY SHOWING GROWTH POTENTIAL.
(Full text of statement. Contact details below.)
MEDIA RELEASE PR29448
CeBIT 2008: German ICT Industry Showing Growth Potential
HANNOVER, March 2 /PRNewswire-AsiaNet/ --
Germany's ICT market is strong for all industry sectors. It offers investors possibilities in hardware, software, and services as well as access to one of the world's leading R&D locations. ICT in Germany will be a major focus of the CeBIT 2008, the world's largest trade fair in the IT and telecommunications industry. The trade show runs from March 4-9 at the Hannover Convention Center in Hannover, Germany.
The country's ICT sector is responsible for 25% of all global R&D spending in ICT and it registered 5,600 patents in 2006. The country's scientists register more patents at the European Patent Office annually than those from any other country. The industry's backbone is services, taking a 72% market share in the German ICT industry. This success largely consists of IT services and carrier services.
The German government's ICT policies will be presented by German Federal Minister for Economics and Technology, Michael Glos, as part of the French-German ICT summit on March 4th. Following his speech, Michael Pfeiffer, Managing Director of Invest in Germany, will present Germany's advantages as an investment location for ICT investors.
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Source: HighBeam Research, CEBIT 2008: GERMAN ICT INDUSTRY SHOWING GROWTH POTENTIAL.