The value added of ICT services in France has shown a consistent increase from 2013 to 2023, growing from 5.59 billion euros in 2013 to 8.98 billion euros in 2023. The year-on-year variations indicate periods of stronger growth, particularly in 2016 and 2018. The compound annual growth rate (CAGR) over the last five years was highest in 2016 and 2018. However, growth rates have moderated in recent years, with a 2.57% increase in 2023. Over a 5-year forecast horizon, the CAGR is expected to be 1.76%, with a cumulative growth rate of 9.11% by 2028.
Future trends to watch for include the impact of emerging technologies such as artificial intelligence, 5G networks, and the Internet of Things (IoT) on value creation in ICT services. Additionally, the evolving regulatory environment in France and Europe can significantly influence the growth trajectory of the sector.
