The IT Services output in France experienced significant growth from 2013 to 2023, reaching 147.09 Billion Euros in 2023. Year-on-year variations saw substantial increases, especially between 2018 and 2023, peaking at 12.47% in 2022. The average Compound Annual Growth Rate (CAGR) over the last five years was 7.85%, indicating robust market expansion.
The forecast from 2024 to 2028 predicts continued growth, although at a slightly moderated pace, with an average CAGR of 4.61%. By 2028, the output is expected to reach 197.03 Billion Euros, marking a 25.27% increase over the five-year period.
Future trends to watch for include:
- Increased demand for cloud services and cybersecurity solutions.
- Growth in AI and machine learning applications.
- Expansion of remote work and collaboration tools driven by ongoing changes in work environments.