Startup distribution by industry Germany 2024| ��ƽ��

Distribution of startups in Germany in 2024, by industry

Industry	Share of startups
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Sources

Release date

September 2024

More information

Region

Germany

Survey time period

2024

Number of respondents

1,825 founders, managers, and C-Level employees

Supplementary notes

The data comes from the German Start-Up Monitor (DSM) for which high-quality data sets are collected annually from founders and managing directors of start-ups. The founders or managing directors (members of the executive board e.g. chief level) of start-ups received a special questionnaire link by email which was sent through selected DSM network partners. The DSM 2024 is based on 1,828 data sets from founders and managing directors after the completion of the data set cleaning.
The data was collected from June 6 to August 12, 2024.

Citation formats

Around **** percent of German startups were in the information and communication technology industry. The source defines startups as being younger than ten years, highly innovative in terms of technology and/ or their business model, aiming for significant growth in revenue and employee numbers.

The start-up scene

German states varied in their startup density. Based on recent data, Berlin had the highest number of startups on its territory, followed by North Rhine-Westphalia and Bavaria. The most money was invested in software and analytics, at over *** billion euros. Recently, investment volume in German startups saw a drastic increase, but 2022 saw a decrease compared to the previous year. While information and communication technology was booming as far as startups were concerned, fintech is another area that has seen success in Germany.

Female entrepeneurs

Unfortunately, Germany did not fare well when looking at male and female entrepreneur numbers. In fact, European countries generally disappointed. Germany had a *** percent rate of female entrepreneurship, followed by Poland with *** percent.