Forecast: Value Added of Software Publishing in France

The value added of software publishing in France has shown steady growth from 2013 to 2023, standing at 9.27 billion Euros in 2023. The sector experienced notable annual variations, including substantial increases above 6% in several years, particularly in 2016 with a 10.1% year-on-year growth. The year-on-year variation in 2023 was 2.28%, reflecting a more modest growth phase compared to earlier years. The compound annual growth rate (CAGR) over the past five years leading to 2023 was 2.27%.

Forecasts indicate continuous growth from 2024 onwards, with the sector expected to reach 10.26 billion Euros by 2028. The forecasted CAGR for the next five years stands at 1.58%, illustrating a potential slowdown. Nevertheless, the overall sector growth rate in this period is anticipated to be 8.13%.

Future trends to watch for include:

• The impact of digital transformation initiatives across industries.
• Increasing demand for software-as-a-service (SaaS) offerings.
• Advancements in artificial intelligence and machine learning tools.
• Regulatory changes within the European software market.