Overview of Software Industry in Germany

Development, distribution, implementation and maintenance of software in various applications is considered to be one of the fastest growing sectors of Economy. USA has been the leader in this field by virtue of its initial developments in hardware/software and subsequent advantage of new technology. European countries and Japan are competing for higher share in software development with USA. Key factor in software development is that the activity is labour-intensive. Hence comparative advantage of cheaper labour in European countries makes it easier to develop software. Moreover, all the USA manufacturers have establishments in European countries