Explore Top JavaScript Companies in Munich
Zipper Studios is a software product company that has a culture of working with a passion for quality and reliability. We understand how important i...
Looking for a reliable technology partner focused on results and delivery? 🎉80+ Web/Mobile Projects 🎉Our clients generate a total of $1.5B in revenu...
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We a Digital Commerce Agency - the passionate team of business, technology, and marketing professionals who aspire to build a better world by bringing...
We are a start-up employing innovative technical solutions to build products. We are a product focused team and our expertise is therefore, focused on...
OptiVision Studios bietet maßgeschneidertes Webdesign aus München, das Unternehmen dabei unterstützt, ihre Online-Präsenz zu maximieren.
We are focused on web, software and app development as the critical pillars that help the company digitalize ideas that fulfill a need, address an iss...
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GP Solutions is an established European software development house with a proven track record of delivering exceptional quality in custom software de...
We are a Munich based digital agency existing with the purpose of shaping ideas into technologies by developing state-of-the-art websites and business...
Orange Services - SEO, Websites & Webdesign Agentur
Devexperts solves challenges for the fintech industry: trading platforms and brokerage automation, market data products, and more.
We help you to get your software done. We provide you with great talents worldwide to translate your ideas and passions into software.
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Tech Industry in Munich: Data & Reports
Munich is one of Europe’s leading cities when it comes to tech development and since 2016 the ICT sector has grown significantly. The Bavarian capital has one of the highest rates in tech employment, education, and revue per industry which indicates that Munich is a vital economic and digital center in Germany and also in Europe.
The ICT sector in Munich is divided into 3 segments - services, wholesale, and production. The service sector is relevant for most IT companies and digital agencies with the largest number of employees and the highest revenues. On the other hand, the product segment is the highest-selling out of all, in relative terms.
According to the Bavarian Statistical Office, in 2017 the number of employees in the ICT sector in Munich was 119K, with 11300 companies providing jobs for IT professionals. The numbers do not include sole proprietorships and startups even if they are also part of the industry.
Certainly, Munich as one of the leading tech centers in Europe has managed to attract tech behemoths such as Microsoft, Google, IBM, Apple, Alibaba Group, Cisco, Huawei, and Fujitsu. But also, Munich is the home where BMW, Siemens, and Audi brands were born and grown.
When it comes to startups and accelerator programs, incubators, and partnerships, Munich is again excelling: 9% of all German startups are born and developed in Munich. Apparently a low number, but taking into account all cities with high IT potential, the results are actually impressive.
Regarding salaries in the IT industry, according to Glassdoor, the figures are at $78K/Year or nearly 64K Euros/Year.